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Choose one representation (variable)for each of the following three concepts: (1)area of study in college, (2)religious participation,and (3)time spent studying.Once you have converted each of these concepts into variables,identify which type of variable each of these is,making sure to identify the key characteristics of these variable types and to connect these characteristics to the variables you have chosen.Your answer should be one to two paragraphs.
Slave Trade
The historical practice of buying, selling, and transporting enslaved individuals, especially prevalent in the Atlantic world from the 16th to the 19th century.
Royal Families
Dynastic families who traditionally rule a country as monarchs, often passing leadership from one generation to the next.
Mercantilism
An economic theory and practice, dominant in Europe from the 16th to 18th centuries, that advocated government regulation of a nation’s economy for the purpose of augmenting state power at the expense of rival national powers.
National Wealth
The total value of all economic assets owned by a country, including natural resources, capital goods, and human capital, minus its liabilities.
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