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How did the government regulation of trade limit economic growth under the system of mercantilism?
Wiki User
∙ 6y ago
It prevented the expansion of trade with other countries.
Wiki User
∙ 6y ago
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Why did many European countries experienced economic growth while their government practiced mercantilism?
they were able to get large volumes of resources from the colonies they had claimed overseas. APEX
How does mercantilism differ from capitalism or the free enterprise system?
Mercantilism allows governments to control economies, while capitalism gives individual more economic control. -Apex 2.4.2 test
How might widespread public ownership of businesses and extensive government regulations have impacted?
Widespread regulation and government ownership always hinder economic growth and efficiency, whether in India or elsewhere.
How did the economic philosophy of mercantilism slow economic growth before the industrial revolution?
It prevented merchants from freely trading goods in foreign markets.
How can governments promote economic growth?
How can the government promote growth in the economy
How did government regulation of trade limit economic growth under the system of mercantilism?
It prevented expansion of trade with other countries.
Why did many European countries experienced economic growth while their government practiced mercantilism?
they were able to get large volumes of resources from the colonies they had claimed overseas. APEX
How was conservatism different from liberalism in the early 1980s?
They sought to reduce taxes and limit government regulation of industry in order to promote economic growth.
How does mercantilism differ from capitalism or the free enterprise system?
Mercantilism allows governments to control economies, while capitalism gives individual more economic control. -Apex 2.4.2 test
How might widespread public ownership of businesses and extensive government regulations have impacted?
Widespread regulation and government ownership always hinder economic growth and efficiency, whether in India or elsewhere.
How did the economic philosophy of mercantilism slow economic growth before the industrial revolution?
It prevented merchants from freely trading goods in foreign markets.
How can governments promote economic growth?
How can the government promote growth in the economy
What was the basic belief of supply side economics?
Tax reductions will spur economic growth in the long run.
How did the economic philosophy of mercantilism slow economic growth before the industrial revolution.?
It prevented merchants from freely trading goods in foreign markets.
What was the name for Reagan's plan for tax and spending cuts?
Reagan's plan for tax and spending cuts was called Reaganomics, which aimed to stimulate economic growth through reducing government regulation, lowering tax rates, and cutting government spending.
Does government have negative impact in economic growth?
Yes always
How did the government encourage the growth of the business after the civil war?
by following a laissez-faire policy of minimal regulation
