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How does mercantilism affect us today?
well its pretty much good, but there are still some argues about it. *--[Stephanie]--*
What does effect mercantilism could have had on Europe and the American colonies?
It caused inflation as well as people in the Americas making their own money, not the government's.
How did the principles of mercantilism guide british policy toward the American colonies?
Mercantilism guided the British to view the New World as a place filled with raw materials. They expected the American colonies to serve their mother country by collecting these materials and giving/trading it with it's mother country as well as it's sister countries.
How did the navigation acts support mercantilism?
Well you should under stand it like this. People want more money so they like to do more imports than exports.
What was mercantilism?
AnswerMercantilism is an economic system that requires two distinct political entities to exist. It requires a metropole, which is the main part of the country and where the leadership sits. It also requires colonies, which are distant regions with unique resources that can transfer these unique resources to the metropole.In order to create this kind of relationship, leaders from the metropole must create colonies in distant lands in order to extract these resources. This is why mercantilism necessarily leads to colonialism. Note that this form of colonialism can exist within large empires as well. The Russian expansion into Siberia and Central Asia in the 1700s and 1800s mirrors the Western European creation of colonies in the Americas and this expansion was done with the purpose of extracting raw materials that were present in these territories.Further Elaboration on the Metropole-Colony RelationshipMercantilism is the economic policy that a metropole should have a number of colonies that provide it material wealth, unrefined resources, and a market for its goods. As a result, according to mercantilism, the colonies were required to engage in two general behaviors: (1) The colonies were locked into exclusive trade between the colonies and the metropole and were not allowed to trade with any other nation or colony. (2) No manufactures or complex goods could be made in the colonial territory. As a result the colonies would provide wealth to the metropole by trading their natural resources for less than they would be worth and by buying manufactures for much more money.
How well was the system of mercantilism by England?
It was inconsistently enforced
How well was the system of mercantilism enforce by England?
The system of mercantilism was properly enforced by England. This can be attributed to the structures that have been put in place in the country.
What is an economic reason American colonies wanted to separate from England?
Navigation Acts- mercantilism favored England at the colony's expense (colonies were forced to give raw materials to England only ,trade with England only, and only buy English products), and colonies were often heavily taxed for goods as well
Why US use customary system?
well its easy only the U.S.A and England use it
Did the colonies benefit from the mercantilism why or why not?
Well the governors were mean and didnt want to eat their children
Did the colonial benefit from mercantilism why or why not?
Well the governors were mean and didnt want to eat their children
Did The colonies benefit mercantilism Why or why not?
Well the governors were mean and didnt want to eat their children
Why did the British use the system of Mercantilism?
The British Empire and other strong European powers adopted the economic system called Mercantilism in the belief that such a system would further their national prosperity. Under this system, England had to attract the maximum amount of gold and silver, since wealth is measured by these metals. England also had to export more than it imported and receive gold and silver as payment for the difference between the payment system. In order to ensure that exports would have a strong base, it would subsidize domestic industry with awards for exporting as much as was possible. Imports would be discouraged by hifg tariffs on such imports that tried to compete with homeland industry. The acquisition of overseas colonies would assure a market for the homeland exports. And, provide an inexpensive source of raw materials, and some gold and silver as well. To keep the colony markets open to homeland exports, restrictions on the colony imports would handle that. Forbid trade with rival European nations as well.
How does mercantilism affect us today?
well its pretty much good, but there are still some argues about it. *--[Stephanie]--*
What traffic rules have been enforced based on Nestons laws of motion?
well its good.
What were the differences between China and Japan's industrialization?
while England had a well-developed rail system, Japan depended on water transportation
How did mercantilism exploration and colonization work together in new France?
Mercantilism provided the economic framework for exploration and colonization by encouraging the acquisition of wealth and resources to strengthen the home country. In New France, exploration and colonization were driven by mercantilist principles, as the French sought to establish trading posts, extract natural resources, and expand their empire to increase their wealth and power. The fur trade with indigenous peoples played a significant role in the economic success of New France under the mercantilist system.
