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The difference between quantitatively-oriented and qualitatively-oriented observation is that:
Mercantilism
An economic theory and practice dominant in Europe from the 16th to the 18th century, focusing on building a nation's wealth by exporting more than it imports and accumulating precious metals.
British Parliament
The supreme legislative body in the United Kingdom, consisting of two houses: the House of Commons and the House of Lords.
Economic Relationship
The connections between economic entities or principles, including the ways in which they interact and influence each other.
Salem Village
Historical community located in Massachusetts known for the Salem Witch Trials of 1692, where accusations of witchcraft led to trials and executions.
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