5.Capitalism and Mercantilism
Capitalism is an economic and system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. Click on it to learn about the relationship between capitalism and mercantilism back in history and who came up with the idea of capitalism.
6. Free Trade
free trade is an international trade left to its natural course without tariffs, quotas, or other restrictions. Click on it to learn more about globalization and different type of organizations.