answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: How did mercantilism shape the policies of European monarchs to promote domestic manufacturing and foreign trade?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

Similarites between capitalism and mercantilism?

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


How did mercantilism lead to the rise of absolute monarchs in Europe?

Governments needed greater control over the colonies to acquire wealth. - Apex They also needed more cheese for their world record cheese wheel.


European monarchs who wanted to enrich their countries by exporting more than they imported practiced the economic policy known as?

mercantalism


What was the positive outcome of the Crusades on the economy?

The Crusades had, both, positive and negative outcomes on the economy. The Crusades aided in ending feudalism and bringing out the Renaissance. The Crusades pulling in the Knights to fight the wars left Monarchs in power and bringing in new, foreign, items made the merchants grow rich from the new trades.


Was the feudal system a good system?

While this question would seem to require a subjective answer depending on what one regards fairness as being, I think we can feel confident in saying the feudal system was not fair to everyone. The idea that a person could advance based on his or her own merits was not really developed, there were slaves in some feudal societies, and serfs were not allowed to live where they wished. There were tradeoffs. The serfs were theoretically protected by their lords, and this meant they should have been kept safe in times of war or famine, and they were defended from criminals. Whether this actually happened was another issue. The lords were given lands in exchange for promises of loyalty and support. The amount of land depended on what the king wanted to give, and while the support was proportional to the ability of the land to produce, the loyalty was absolute regardless of the amount of land or the titles. Fairness did not actually come into the picture. The monarchs had great demands placed on them and did not necessarily have much freedom. Their obligations to protect their people may have been clear, but the political pressures they were under usually were not. The system itself produced some of the problems they had, and if their lifestyles compensated them for this, I think they were lucky. The writers of the time talked of three groups of people, one (peasants) feeding everyone, one (nobility) protecting everyone, and one (clergy) praying for everyone. They said this in part to illustrate the fairness of the system. But to my way of thinking, the question should be whether the feudal system was fair to anyone at all.