The command Economy Research Paper
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
The command Economy Research Paper
Command, economy
Mercantilism played a major role in the exploration and discovery by European powers in the late 15th and 16th centuries. It is important to note that it is a type of command economy. In a command economy, it is based on state controls. As such, the government decides what, how much, how to, and who are the consumers.
Contrary, to a market economy, a command has a central authority while the market economy is based on decisions made by individuals. Around the 1600s, since most of Europe were monarchies, it mostly leaned on the notion of a command economy. Mercantilism was in fact incredibly popular throughout Europe during that time. However, mercantilism was not just popular due to the notions and system it provides to its states alone.
Historically, mercantilism was known as an economic theory in which expresses the notion that trade generates wealth. It asserts that it is stimulated by the accumulation of profitable balance. This is something in which a state’s government was encouraged to secure.
Many European powers from the late 15th and 16th centuries used protectionism, a practice of utilizing trade policies that allows the government or head of state to promote domestic producers. This way, through imposing tariffs or limiting foreign products and services in the marketplace, it would consequently boost the country’s domestic production of goods and services.
Though in practice this seems reasonable, mercantilism was actually often used as a logical excuse for expansionism. Great powers like England, Spain, and France would manipulate and use its concept as a way to justify their need to imperialistically expand their borders and gain more territory through conquest and colonization.
As a system of both political and economic policy, mercantilism now essentially seeks to secure a state’s political and economic supremacy in its rivalry with other states. The goal of each state was to accumulate important natural resources and metals through the exportation of the largest quantity of products and conversely importing as little as possible.
Only then would a “favorable balance of trade” be established. National wealth is measured in the amount of precious metals or resources like gold and silver. For mercantilists, they believe that wealth is finite, that there is a limit to how much silver or gold one can obtain. Hence the reason why there was once such a race and urgency to colonize new land.
With more land, there are more resources, a greater chance to expand one’s wealth. In this context, it is similar to the notion of a zero-sum game. Since resources are finite, there is only so much available. If a state wants more resources to generate more wealth and power they would either have to colonize more land or take some by force.
Also explain how African slavery became vital to the New World.
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Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
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5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
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3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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