APE Unit 3 Flashcards
1
Q
Mercantilism is an economic theory that emphasizes:
A
Maximizing exports and minimizing imports to increase national wealth.
2
Q
The Bank of Amsterdam, founded in 1609, played a significant role in the development of a market economy by:
A
Providing secure storage for savings and facilitating investment in ventures like overseas trade.
3
Q
A key factor contributing to the development of the Dutch Republic was:
A
A strong maritime and trade network.
4
Q
The War of Spanish Succession (1701–1714) was primarily fought to:
A
Prevent the union of the French and Spanish thrones and maintain the balance of power in Europe.
5
Q
A
