explain one way in which mercantalism affected economies in africa and asia in the period 1450-1750

Answers

Answer 1

Mercantilism impacted economies in Africa and Asia during the period 1450-1750 by promoting the extraction and export of valuable resources.

Mercantilism, an economic theory prevalent during the period 1450-1750, aimed to increase a nation's wealth and power through trade and the accumulation of precious metals. One way in which mercantilism affected economies in Africa and Asia was through the promotion of the extraction and export of valuable resources.

During this time, European powers, driven by mercantilist policies, sought to exploit the resources of Africa and Asia to fuel their own economic growth and dominance. This resulted in the establishment of colonial systems that focused on the extraction of valuable resources such as gold, silver, spices, timber, and raw materials like cotton and silk. European powers enforced trade monopolies and controlled the production and distribution of these resources, ensuring that the majority of profits flowed back to the colonial powers.

The impact of mercantilism on African and Asian economies was significant. It led to the disruption of existing trade networks, as resources were diverted to serve the interests of the colonial powers. Indigenous industries and manufacturing were often suppressed or destroyed, as the colonial powers aimed to maintain their dominance over key economic sectors. Additionally, the forced labor and exploitation associated with resource extraction had severe social and economic consequences for local populations.

Learn more about Mercantilism

brainly.com/question/31361207

#SPJ11


Related Questions

How does Mr. Frank feel about having Mr. Dussel with them? How does Mr. Van Daan
feel about it?

Answers

In "The Diary of a Young Girl" by Anne Frank, Mr. Frank's and Mr. Van Daan's feelings about having Mr. Dussel with them differ.

Mr. Frank, Anne's father, initially welcomes Mr. Dussel into their hiding place with understanding and empathy. He recognizes the difficult circumstances and tries to create a harmonious environment for everyone. Mr. Frank tends to be patient and tolerant, understanding the challenges that come with sharing close quarters.

On the other hand, Mr. Van Daan, who is also hiding in the annex with his family, expresses discontent and frustration regarding Mr. Dussel's arrival. He sees it as an additional burden and intrusion, as the living space becomes even more cramped. Mr. Van Daan is less willing to accommodate and may become irritable due to the added stress.

These differing reactions to Mr. Dussel's presence reflect the diversity of perspectives and personalities among the individuals living in the annex during their challenging time in hiding.

What was the impact of baseball and entertainment on america in the 1920’s?.

Answers

Baseball and entertainment played a significant role in shaping America's social, economic, and political landscape in the 1920s. It was a time when America was emerging from World War I, and there was a need for unity, social cohesion, and a sense of national identity.

Baseball was the most popular sport at the time, and it brought people together, regardless of their social, economic, or political background. It provided a sense of belonging, pride, and unity that was much needed at the time.

Entertainment was also a crucial aspect of American life in the 1920s. It was a time when people wanted to forget the hardships of the war years and enjoy life to the fullest. The popularity of jazz music, dance, and theater provided people with an escape from their everyday lives. Jazz music was the soundtrack of the 1920s, and it helped to bring people together. It was a symbol of cultural diversity and creativity.

baseball and entertainment had a significant impact on America in the 1920s. They helped to create a sense of national unity, pride, and identity. They also contributed to economic growth and provided people with an escape from the hardships of everyday life. Baseball and entertainment helped to shape the social, economic, and political landscape of America, and their impact can still be felt today.

To know more about social cohesion visit:-

https://brainly.com/question/9234996

#SPJ11

How was England perceived by the rest of the world in the late 19th century, during the height of imperialism?
a. As a benevolent and respectful colonial power
b. As an oppressive and exploitative empire
c. As an isolationist nation avoiding foreign affairs
d. As a neutral mediator in international conflicts

Answers

During the height of imperialism in the late 19th century, England was perceived by the rest of the world as an oppressive and exploitative empire. This can be seen in their actions towards the people of India and Africa. The correct answer is b).

During the late 19th century, imperialism became rampant and England was seen by the rest of the world as an oppressive and exploitative empire. They did not handle their colonies in a way that benefitted them, but instead exploited them for their resources.

In India, for example, England took advantage of the country's resources and treated the Indian people as second-class citizens. In Africa, England also acted in the same way, they exploited the natural resources of the continent and subjected the indigenous people to slavery, colonization, and racism.

Therefore, it can be concluded that during the late 19th century, England was seen as an oppressive and exploitative empire. The correct answer is b) As an oppressive and exploitative empire

Learn more about imperialism : brainly.com/question/377688

#SPJ11

During the late 19th century, which was also the height of imperialism, England was perceived by the rest of the world as an oppressive and exploitative empire.

This was due to the fact that during this time, England had an extensive colonial empire that included several territories in Africa, Asia, and the Caribbean. In order to maintain control over these colonies, England used its military and economic power to exploit their resources and subjugate their populations.Therefore, option B (As an oppressive and exploitative empire) is the correct answer. England was not seen as a benevolent or respectful colonial power, as the exploitation of the colonies was seen as an act of greed rather than a genuine desire to help them. Additionally, England was not seen as an isolationist nation or a neutral mediator, as it was heavily involved in international affairs due to its colonial holdings and its position as a global superpower at the time.

To know more about imperialism visit :-

https://brainly.com/question/30210572

#SPJ11

what happened to the two men convicted of treason during the whiskey rebellion?

Answers

The Whiskey Rebellion was a 1791-1794 uprising in Western Pennsylvania and parts of the trans-Appalachian frontier. The rebellion started due to the Whiskey Tax imposed by the federal government on distilled spirits, which affected small farmers and whiskey producers.

During the Whiskey Rebellion, two men were convicted of treason. They were John Mitchell and Philip Weigel. Mitchell and Weigel had organized the meeting where the whiskey rebels formulated their complaints against the government. They were found guilty of treason against the United States in federal court on the grounds that they had conspired with the insurgents to levy war against the government.

After being convicted, John Mitchell and Philip Weigel were sentenced to hang. However, they were granted clemency by President George Washington in response to their lawyers' appeals and the intervention of influential members of the community, such as Supreme Court Justice James Wilson. Their sentences were commuted to house arrest. Both Mitchell and Weigel served six months in prison before being released and then placed under house arrest for a year after their release. The Whiskey Rebellion demonstrated the federal government's ability to maintain order and enforce its laws, while also highlighting the tensions between western farmers and the eastern political elite.

To know more about Whiskey Rebellion visit:

https://brainly.com/question/478473

#SPJ11

Other Questions
if a dvd is spinning at 100 mph and has a radius of 14 inches, what is the linear speed of a point 3 inches from the center. Choose the situation where the employer is not violating Title VII's prohibition against discrimination on the basis of religion.Question 23 options:1) Charles, the president of a company that owns several gas stations, needs managers for the new convenience stores he has decided to add to the stations. He posts a job announcement at the Hindu Temple he attends and asks other members of the temple to refer only Hindu friends or family members who may be interested in the position. He does no other recruitment.2) Mary is a human resources officer who is filling a vacant administrative position at her company. During the application process, she performs an Internet search on the candidates and learns that one applicant, Jonathan, has written an article for the local chapter of the Ethical Society setting forth his view that religion has been historically divisive and explaining why he subscribes to no religious beliefs or practices. Although Mary believes he is the most qualified candidate, she does not hire him because she knows that many current company employees are observant Christians like her, and she believes they would be more comfortable working with someone like-minded.3) Joanne, a family-owned retail store clerk, is frequently 30-45 minutes late for her shift several days per week when she attends Mass at a Catholic Church across town. Her employer, Donald, who has budget restrictions and is unable to hire another employee during that shift, has spoken with Joanne regarding a shift change, but that is not a viable option for Joanne. On most days when Joanne is late, Donald has found himself overwhelmed tending to customers and the cash register at the same time. He is determined to fire Joanne the next time she is late.4) Darpak, who practices Buddhism, holds a Ph.D. degree in engineering and applied for a managerial position at the research firm where he has worked for 10 years. He was rejected in favor of a non-Buddhist candidate who was less qualified. (a) A firm's production function is given by Q=K +L where Q, L and K denote the number of units of output, labour and capital, respectively. Labour costs are $2 per unit, capital costs are $1 per unit. If the firm is prepared to spend $10 on input costs, then (i) Find the stationary values of K and L. Show optimum points of K and L by drawing Isoquant and Isocost curves. (ii) Evaluate second-order conditions of the objective function at the stationary values of K and L and comment on it. (b) A monopolist firm sells two products Q, and Q, for which the demand functions are Q=25-0.5PP, is the price of good 1 Q =30-P; P, is the price of good 2 and the combined total cost (TC) function is TC=Q+20, 0, +0+20 (i) Find the profit-maximizing level of price and outputs for each product. (ii) Show that the second-order conditions (show all three conditions) for a maximum profit are satisfied. What is the nature of the language used by defense intellectuals as described by Carol Cohn? What is Cohn's critique and what are the problems with it?Give me a short answer that you could answer fully. . Suppose that the current exchange rate is 1.00 $1.60. The indirect quote from the U.S. perspective is A. 1.00 $1.60. 0.6250 = $1.00. C. 1.60 $1.00 D. None of the above In the case of a Bill which has been introduced into the House of Representatives:Select one:a. There is no copyright in a Bill by virtue of s27 of the Copyright Act 1994b. Copyright in the text of the Bill is vested in the Speaker of the House of Representativesc. Copyright is vested in the Government department responsible for the Bill. In the case of a members bill, it is vested in the member in whose name the Bill stands. A local furniture store is advertising a deal in which you buy a $5,300 living room set with three years before you need to make any payments (no interest cost is incurred). How much money would you have to deposit now in a savings account earning 4 percent APR, compounded monthly, to pay the $5,300 bill in three years? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Present value How much would you have to deposit in the savings account each month 4 percent APR to be able to pay the bill? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Annuity payment JB Ltd. a construction business, currently owned by XYZ Plc., operates a standard marginal cost accounting system. Information relating to Product J, which is made in one of the company departments is given below: Product J Direct Material 6 kilograms at 4 per kg Direct Labour 1 hour at 12 per hour Variable Production Overhead Total *Variable production overhead varies with units produced. Budgeted fixed production overhead, per month: 100,000. Budgeted production for Product J: 20,000 units per month. Actual production and costs for month 6 are as follows: Units of J Produced Direct materials purchased and used: 113,500kg Direct labour: 17,800 hours Variable production overhead incurred Fixed production overhead incurred Standard Marginal Product Cost Unit () (iii) (iv) 24 12 3 39 18,500 Unit 442,650 223,000 58,800 104,000 Requirement 3.1 Prepare a columnar statement showing, by element of cost, the: Original Budget; (ii) Flexible Budget; Deia het and Actual; Total Variances 1 -The end-- ^ Lan statemen dng bng beang 3.2 Subdivide the variances for direct material and direct labour shown in your answers to (a) (i) - (iv) above to be more informative for managerial purposes. 3.3 Critically identify the possible causes of the labour and material variances calculated in the above (3 causes for each variance). Consider the discrete random variable X given in the table below. Round the mean to 1 decimal places and the standard deviation to 2 decimal places. 3 4 7 14 20 X P(X) 2 0.08 0.1 0.08 0.1 0.55 0.09 11 A subsidy transfers surplus from the consumer to the producer. The statement is :Select one:TrueFalse Question 4 Homework. Unanswered Dipole Potential Energy -- What is the minimum potential energy (in Joules) of a q=1.00E-9C dipole with dipole separation of s=1.00E-3m placed in an external electric f when using bayes theorem, why do you gather more information ? Which phenomenon is required for a tornado to develop out of a thunderstorm?rain bandsrotating updraftsan eye wall and eyeheavy precipitation Light frequent watering practices suppress any chinch bug infestations.True. False Variance Drill #4 Hughley Company produces a product requiring 5 pounds of material costing $3.00 per pound. During January, Hughley purchased 5,200 pounds of material for $15,000 and used the material to produce 900 products. What was the total materials variance for January? Istisna'a is an investment on the customer's behalf by a bank. True False are firms your conclusions in Marks: 6+3=9 The following data relating the amount spent on groceries per week and the number of household members: X 2 2 3 4 1 5 y $95.75 $110.19 $118.33 $150.92 $85.86 Question 1 (45 marks)Ronald was employed as the Accounting Manager of Great Success Construction Company Limited ("Great Success") more than twenty years ago just after he had qualified as a Certified Public Accountant (CPA). His only daughter Jane was also employed by Great Success as Executive Secretary two years ago. Recently Ronalds boss told him that Great Success wanted to bid for a real estate construction project and everybody in the company would have to work hard to help the company win the tender. Six months ago Jane told him that she was pregnant. Ronald was very happy as he would be a grandfather for the first time. Soon after the birth of Janes son, it was found that her son had a heart problem and would need to be brought to the hospital frequently for regular medical treatment which was rather expensive. Ronalds wife suggested to Ronald that they should help Jane pay for their grandsons medical treatment because Janes husband could not afford to pay for the medical treatment. Ronald tried to borrow some money from his best friend Susan. Susan said she also had financial problem because her husband had just lost his job. However, Susan suggested to Ronald that Ronald should try to steal the tender documents from his employer Great Success because her employer High Profits Construction Company Limited ("High Profits") was also bidding for the same real estate construction project as Great Success. High Profits and Great success were the only two bidders for the real estate construction project. Susans boss Mrs. Wealth, the Managing Director and sole shareholder of High Profits, would be willing to pay a handsome reward to anyone who can give her the tender documents of Great Success. In order to help his daughter, Ronald made a copy of the tender documents of Great Success and gave them to Mrs. Wealth. Ronald subsequently received a substantial amount of money from Mrs. Wealth.Two weeks ago Ronald saw Jane crying when he arrived home one evening. Jane told Ronald that she had just been dismissed by her employer Great Success because of her poor performance. However, she believed her employer decided to dismiss her because she had recently taken two weeks leave to take her son to hospital for treatment. Her boss told her a few days ago that she should stay home to take care of her sick son. She refused to resign from her position and was subsequently dismissed by her employer. She did not believe that she had been dismissed because of her poor performance because she was given a bonus for her hard work before the birth of her son.Required:Apply the relevant ethical theories to assess Ronalds decision to steal his employers tender documents and sell them to High Profits. (8 marks)Explain to Ronald whether he has violated any of the FIVE fundamental principles of the HKICPA Code of Ethics by stealing his employers tender documents and selling them to High Profits. (12 marks)Explain to Ronald whether he may be liable for any criminal offence under the Prevention of Bribery Ordinance (Cap.201) by accepting monetary reward from Mrs. Wealth for giving to her the tender documents of his employer Great Success. Advise him on the legal consequences of what he has done, if any. (8 marks)Explain to Mrs. Wealth whether she may be liable for any criminal offence under the Prevention of Bribery Ordinance (Cap.201) by offering to Ronald a monetary reward for giving to her the tender documents of Great Success. Advise her on the legal consequences of what she has done, if any. (7 marks)Explain to Jane whether she can bring a claim against her employer Great Success for her dismissal on grounds of discrimination and what remedies are available to her, if any. (10 marks)[Total for Question 1: 45 marks] the process of choosing symbols to carry the message you send is called Brainly.ph More results What are the 4 main types of law? What is the relationship between law and criminology? What are the sources of criminal law in Nigeria? L