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Economic policy of self-sufficiency and accumulating gold and silver through colonies, exports, and tariffs |
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Investment of money to make a profit, where capital and labor are separated |
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a.k.a. putting out system; system of commercial production where merchants employ workers who stay at home |
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Government where the ruler has complete authority over the state and peoples lives |
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Government where kings power is subject to a constitution or legislative body |
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approx. 1400-1750; period where European states formalize, economies globalize, societies stratify, and culture diversifies |
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