The Evolution of Business
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Looking for information that describes the evolution of business. Including information about the following points.
Feudalism
Mercantilism
Capitalism
Commerce
Property rights
The Industrial Revolution
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Solution Summary
337 words on how feudalism, mercantilism, capitalism, commerce , property rights and the industrial revolution contributed to making Business what it is today.
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Feudalism: Feudalism evolved in medieval Europe (and in many other contemporary cultures of the time) wherein a few privileged group pf people, or feudal lords, would take control of the land and hire labourers or peasants to work the land for agriculture. The peasants usually would have no rights and would be expected to serve their masters in any way possible.
Mercantilism: Mercantilism evolved later from feudalism, indicating that the prosperity of the country would depend on the injection of new resources in terms if capital ...
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