What Was the Main Problem Faced by Early Capitalists in Seventeenth-

question 18

Multiple Choice

What was the main problem faced by early capitalists in seventeenth- and eighteenth-century Europe?

• A) shortage of capital
• B) shortage of technology
• C) shortage of workers
• D) shortage of public support

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Definitions:

Common Law

A legal system based on judicial decisions and precedents rather than statutory laws.

Court Decree

A formal order issued by a court that resolves legal disputes and may require actions to be taken by the parties involved.

Strict Liability

A legal principle that holds an individual or entity responsible for their actions or products without the need to prove negligence or fault.

Children's Wrongful Acts

Actions or conduct by minors that are harmful or offensive to individuals or to society, and may be subject to legal penalties or interventions.