3. Critical Thinking: Synthesis- Mercantilism ultimately was the greatest contributor to its own decline. From your
understanding of the reading, provide at least two examples
to support this statement.

Mercantilism, as an economic doctrine, was doomed to be replaced by liberalism because it was highly unpopular with most people except for the nobility, and the powerful businessmen who were allied with the government.

Mercantilism did not provide as much material wealth and economic growth as liberalism because it was an economic system that purposefully limited the volume of trade since it only allowed trade between each Empire and its colonies in order to disproportionally benefit the ruling class.

the industrial revolution pushed the world into modern industrialization. it changed the course of history profoundly. it caused rapid urbanization and pushed cities and countries into development. the industrial revolution began in great britain with a series with new inventions which led to the creation of machines and mass production.

this caused the country to gain wealth and money and become an international superpower. it improved transportation and manufacturing inside the country, pushed people to live in urban areas and britain to become the most powerful nation in the world for a while.

the of atp are the key to its ability to store and supply energy;

phosphate

the phosphate groups of atp are the key to its ability to store and supply energy. atp releases energy when it breaks bonds between its phosphate groups.