Is It Accurate to Refer to the Monarchies of the Late

question 62

Essay

Is it accurate to refer to the monarchies of the late fifteenth century as "new monarchies"? Why or why not?

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Definitions:

Democratic System

A form of government in which power is vested in the hands of the people, who exercise power directly or through elected representatives.

Corporate Capitalism

An economic and social system where corporate organizations, rather than individuals or governments, control the production and distribution of goods and services.

Wagner Act

A foundational piece of labor legislation in the United States, officially known as the National Labor Relations Act of 1935, which guarantees workers the right to organize into unions and bargain collectively.

Paper Entrepreneurs

Individuals or entrepreneurs who primarily deal with knowledge, information, or intellectual properties rather than tangible products.