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introduction: match each term with its correct definition. capitalism i…

Question

introduction: match each term with its correct definition.
capitalism
invest
joint - stock company
mercantilism
commercial revolution
an economic system in which private individuals own businesses
a great increase in trade and wealth caused by european exploration
a business model in which investors buy shares in a company
an economic policy in which countries collect gold or silver
to put money into something, such as a business, to make a profit

Explanation:

Brief Explanations
  • Capitalism: In a capitalist system, private individuals have the right to own and operate businesses. This is a fundamental characteristic of capitalism.
  • Invest: The act of putting money into something (like a business) with the expectation of making a profit is what "invest" means.
  • Joint - stock company: A joint - stock company is structured such that investors can buy shares in the company. This allows for shared ownership and risk - sharing among investors.
  • Mercantilism: Mercantilism is an economic policy where countries aim to collect gold or silver. The idea is that a country's wealth is measured by its stock of precious metals.
  • Commercial Revolution: The Commercial Revolution was marked by a great increase in trade and wealth. This was largely due to European exploration which opened up new trade routes and markets.

Answer:

  • capitalism: an economic system in which private individuals own businesses
  • invest: to put money into something, such as a business, to make a profit
  • joint - stock company: a business model in which investors buy shares in a company
  • mercantilism: an economic policy in which countries collect gold or silver
  • Commercial Revolution: a great increase in trade and wealth caused by European exploration