Which King Became the Traditional Example of Seventeenth Century Absolutism

question 52

Multiple Choice

Which king became the traditional example of seventeenth century absolutism?

• A) Louis XVI.
• B) James III.
• C) Louis XIV.
• D) Charles II.
• E) Ivan IV.

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Definitions:

Competition

Economic rivalry among businesses fighting for the same customers or markets, characterized by the struggle to attract customers, lower costs, and improve products and services.

Market Power

Refers to the ability of a company or firm to raise and maintain prices above the level that would prevail under competition.

Raise Price

The action of increasing the cost at which goods or services are sold, often to reflect increased costs or to improve profit margins.

Broadly Defined

Describes something that is regarded or classified in a very general and inclusive manner.