All of the following were goals of new business methods in use in Europe by the 1600s EXCEPT

A.investing money.
B.speeding the flow of wealth.
C.eliminating competition.
D.reducing commercial risks.

By the 1500s, powerful banking families such as the Fuggers were able to

A.control new colonies in the Americas.
B.eliminate high interest rates.
C.support their own armies.
D.transfer funds over large distances.

An entrepreneur would be likely to do all of the following EXCEPT

A.purchase raw materials.
B.lend money.
C.come up with new ideas.
D.invest profits.

Mercantilism encouraged nations to

A.increase mining at home and overseas.
B.import more goods than they exported.
C.eliminate joint-stock companies.
D.train more skilled artisans.

During the 1600s, the quality of life of European peasants could be characterized as

A.miserable and rough.
B.better than before the age of exploration.
C.worse than before the age of exploration.
D.peaceful and relaxed.

Tagged with: 1600s • Business • europe • EXCEPT • following • Goals • Methods • were

Filed under: Entrepreneur Training

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