In this the state exercised much power over production, trade, and consumption. Government accumulated most national wealth from the massive amounts of gold, silver and other precious metals. In mercantilism the real wealth of the nation was measured in its ability to produce... Showed first 250 characters
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Eventually mercantilism gradually evolved into practices that would in time become capitalism.
In the later 18th century modern capitalism was forming with the help of two developments. One was the concrete ideas of Adam Smith and the other was Francois Quesnay and the group of the physiocrats... Showed next 250 characters
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September 20, 2004
After reading two versions of "The Life of Charlemagne", one written by a person who lived with Charlemagne, and one who didn't, it is evident that Charlemagne is portrayed in a negative way by the author, the Monk of St...
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Einhard describes Charles as being moderately tall (around six feet tall) and powerfully built with a thick neck and deep chest. He had the red hair and blue eyes of his tribe and was possessed of both strength and stamina...
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Charlemagne: A Qualified Leader
In glorifying Charlemagne, Einhard prescribed the qualities of a good and effective king. In each war, Charlemagne made an effort to fight with his troops, and unlike his father, had the gall to wage a long battle and pursue an enemy even after their surrender...
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Political authority played a significant role in the rise of the Frankish Empire. Charlemagne’s role as the political leader of the empire is one of the key factors of the success of the ...
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In 800, Charlemagne, also known as Charles the Great, was crowned emperor by the Pope. Charlemagne had a fondness for art and education. His goal was to improve the administration of his realm and the teaching of Christian truths...
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capitalism in economics
During the Renaissance, the banking families' growth and power (like that of the Medicis of Florence) let monarchs and other rulers who supported trade and development of new businesses borrow money...
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Land and Capital, the basic production facilities are privately owned. Buildings, machines, and other equipment are considered capital when they are used to produce goods or services that are eventually consumed...