QUESTION IMAGE
Question
checking for understanding
introduction match each term with its correct definition.
mercantilism
an economic policy in which countries collect gold or silver
joint-stock company
a great increase in trade and wealth caused by european exploration
commercial revolution
an economic system in which private individuals own businesses
capitalism
a business model in which investors buy shares in a company
invest
to put money into something, such as a business, to make a profit
- Mercantilism: An economic policy where countries aim to collect gold or silver.
- Joint - stock company: A business model where investors buy shares in a company.
- Commercial Revolution: A great increase in trade and wealth caused by European exploration.
- Capitalism: An economic system where private individuals own businesses.
- Invest: To put money into something (like a business) to make a profit.
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mercantilism - an economic policy in which countries collect gold or silver
joint - stock company - a business model in which investors buy shares in a company
Commercial Revolution - a great increase in trade and wealth caused by European exploration
capitalism - an economic system in which private individuals own businesses
invest - to put money into something, such as a business, to make a profit