the fact they couldnt win a war
Mercantilism was an economy theory that posited that the wealthiest nation, particularly in terms of precious metals, would be the most powerful. The demand of the precious metals by the developed countries was one of the causes of mercantilism.
ow are the ideas of mercantilism relflected in our economy today
Did mercantilism accept the intervention of government
A feature of mercantilism is full government control of the national economy. This theory believes that this is the only way of achieving a healthy economy.
becausIn mercantilism, the government decides pricing instead of the consumer.e it is
Mercantilism. Held in the early days of settelment of the americas.
mercantilism
laissez-faire has no control by the government, while mercantilism is an economy controlled by the government
Mercantilism is important to the growth of the economy. It helps to trade and supply goods and makes services easier. Mercantilism became dominant in Europe in the year 16th to 18th century.
Mercantilism and Capitalism both have to do with the economy and making money. and they both have people getting benefits from them the entrepenuers and the monarchs
Mercantilism
Japan has the most powerful economy in Asia.