Answer the following:-
How do we periodise?
What is colonial?
What is Mercantile?
Describe the process of subsidiary.
Answers
Answer:
1- It captures the significant features of a particular period and helps us to differentiate it from other periods. James Mill, a Scottish political philosopher and economist, divided Indian history on the basis of religion into three periods namely, Hindu, Muslim and British.
2- Colonialism is the policy of a nation seeking to extend or retain its authority over other people or territories, generally with the aim of economic dominance. The colonising country seeks to benefit from the colonised country or land mass.
3- Mercantilism is a national economic policy that is designed to maximize the exports, and minimize the imports, of a nation. These policies aim to reduce a possible current account deficit or reach a current account surplus.
4- A subsidiary company is a company owned and controlled by another company. ... There is a difference between a parent company and a holding company in terms of operations. A holding company has no operations of its own; it owns a controlling share of stock and holds assets of other companies (the subsidiary companies).
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Answer:
(1) it captures the significant features of the particular period and help us to differentiate it from other period .
(2). colonial means relating to countries that are colonies or to colonialism.
(3). mercantile mean relating to merchants or trading.
(4). subsidiary is corporate world, a subsidiary is a company or the holding company .