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According to the policy of mercantilism how could a nation increase in its wealth?
Wiki User
∙ 12y ago
The theory of mercantilism held that a country's power depended mainly on its wealth. Wealth after all, allowed nations to build strong navies and purchase important goods. As a result to the policy of mercantilism the goal of every nation became the attainment of as much wealth as possible. Saying this they can increase their wealth by balance of trade and the economic revolution changes european society
source- Honors World Civ book
Wiki User
∙ 12y ago
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Why did colonists dislike mercantilism?
because it was in favor of the British Mercantilism was the economic philosophy underlying early European colonial policy. The object of mercantilism was to increase the wealth of the Mother Country (England) in gold and silver.
What is the policy of mercantilism?
Restricting imports
What is the British economic policy of mercantilism?
Not one hundred percent sure, but the policy of mercantilism was that Africans were a better and cheaper labor source.
How did the policy of mercantilism affect global economies?
mercantilism actually help global trade
How did mercantilism impact England and England's colonies?
Trades and goods for the location of the policy and for the Mercantilism
Why did colonists dislike mercantilism?
because it was in favor of the British Mercantilism was the economic philosophy underlying early European colonial policy. The object of mercantilism was to increase the wealth of the Mother Country (England) in gold and silver.
What policy did the highland Scots oppose to?
The mercantilism policy
What is the economic policy of mercantilism?
Not one hundred percent sure, but the policy of mercantilism was that Africans were a better and cheaper labor source.
What is the British policy of mercantilism?
Not one hundred percent sure, but the policy of mercantilism was that Africans were a better and cheaper labor source.
What is the policy of mercantilism?
Restricting imports
What is the British economic policy of mercantilism?
Not one hundred percent sure, but the policy of mercantilism was that Africans were a better and cheaper labor source.
How did the policy of mercantilism affect global economies?
mercantilism actually help global trade
How did mercantilism impact England and England's colonies?
Trades and goods for the location of the policy and for the Mercantilism
How did mercantilism impact England and England colonies?
Trades and goods for the location of the policy and for the Mercantilism
Which policy severely restricted the colonial manufacturing that competed with industries in England?
Mercantilism
What was a common policy mercantilism?
Restricting imports
Who held the policy of mercantilism?
the British Government
