What Factors Inhibited the Development of Long-Distance Exchange Networks in the Americas

question 5

Essay

What factors inhibited the development of long-distance exchange networks in the Americas?

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Definitions:

Capitalism

An economic system where private ownership and free markets govern trade and production with the primary goal of profit.

Business Enterprises

Business Enterprises refer to organizations engaged in commercial, industrial, or professional activities.

Elite Theory

posits that societal power is concentrated in the hands of a small, elite group, and that this minority makes the most important political decisions.

Self-Interest

Actions or decisions motivated by personal gain or benefit, often used in the context of economic behaviors and theories.