Question

A)
1. Identify the technological and economic innovations that facilitated the Commercial Revolution.
(4 points)
navigational technology, joint-stock companies, banks, and insurance companies
navigational technology, joint-stock companies, banks, and exploitation
navigational technology, joint-stock companies, banks, and loans
mercantilism, joint-stock companies, banks, and insurance companies
B)
2. What is the definition of the scientific method?
(4 points)
the process by which a scientific discipline is accepted by scientists
the method by which a theory is deemed correct through a vote of responsible scientists
the process by which a theory is supported with observation and experimentation
the method scientists use to publish their work
C)
3. Which of the following is a belief about economics supported by Adam Smith?
(4 points)
Individuals should gather wealth for the well-being of all people.
The government should act to protect domestic industries from competition.
The protection of private property leads to inequality.
The government should have little involvement in the economy.

Answer 1

A) 1. navigational technology, joint-stock companies, banks, and insurance companies

B) 2. the process by which a theory is supported with observation and experimentation

C) 3. The government should have little involvement in the economy.