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18 Cards in this Set
- Front
- Back
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1601
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Elizabeth's poor laws in England.
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Guild
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Craftsmen all of the same craft in a group.
declined during capitalism. |
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Entrepeneur
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a merchant investing capital in the chance he will make a profit. (risk)
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Medici
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Renaissance bankers in Florence.
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Usury
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Intrest
frowned upon in M.A. and forbidden by cannon Law but was gradually deemed acceptable after much time. |
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Comercial Capitalism
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industry dependant on buyers and sellers, entrepeneurs and pre-made goods.
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Mercantilism
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the beleif that the more bouillon was in a country, the better.
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Favorable balance of trade
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More exports than imports
more exported finished goods. |
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Statue of Artificers
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Elizabeth's parliament in 1563.
regulated apprenticeship and wages of trades. |
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Internal Tarrifs
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Gone in England
Bad for merchants |
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Junker
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Nobility of Prussia.
Benefited from inflation and commercial capitalism. |
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Colbert
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Louis XIV's financial advisor
Commercial Code - created a favorable balance of trade and improved the Economy. 5 great Farms. |
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Five Great Farms
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no tariff zones in France.
making inside trade easier and therefore less imports. Favorable balance of Trade. |
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Commercial Code
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Improved infastructure, quality, colonies and navy of France. even forbid exports of some food.
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Tax Farmers
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collectors of indirect tax and made lots of money. in France.
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Bank of Amsterdam
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Gov. guarenteed safetey of money.
minted their own coins all coins accepted for real value. loans and checking accounts. |
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Tunage and Poundage
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tax according to quantity and not value. (In England)
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Le Chapelier
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laws that continued mercantilism and banned the right to create unions and guilds. during french revolution and enraged sans-culotte.
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