Question 1

What is the basic ideas of Mercantilism?

Accepted Answer

Export finished products from Mother Country to Colony

Answer

Is the complex natural organism

Answer

Human labour is a key source of wealth

Answer

Harmony of interest between classes is possible

Question 2

Who is the capitalism founder?

Accepted Answer

Adam Smith and David Richardo

Answer

Adam Smith and Karl Marx

Answer

Karl Marx and Malthus

Answer

Karl Marx and

Question 3

Capitalism has three basic concepts, namely private ownership, profit motive and market failure

Accepted Answer

false

Answer

true

Question 4

Herewith the positive effects of mercantilism, except

Accepted Answer

certain industries could be protected

Answer

guaranteed markets

Answer

especially helpfull when colonies young to limit risk

Answer

raised prices for smugglers

Question 5

Thomas Malthus predicted that the population would outpace the world's food supply

Accepted Answer

true

Answer

false

Question 6

Herewith the David Ricardo famous principle

Accepted Answer

All of them are correct

Answer

Increase the labor later means a decrease in $$

Answer

Limit kids because people have more kids when the $ is strong

Answer

Unemployment increases

Question 7

What are the effects of capitalism?

Accepted Answer

focus on personal responsibility

Answer

Profit for everyone

Answer

non competition markets

Answer

Increased the demand of things or goods

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