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Brennan Jacobs

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Q: In a mercantilist system a country tries to increase its and decrease its .?
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Why were colonies important in the mercantilist system?

The mercantilist system was when the English (and other countries) were expanding and looking for more income or revenue, and founding colonies was a very key way to do that.


What situations would not be supported by a government practicing a mercantilist economic system?

the country's navy uses only imported wood and steel to build its ships


How does the monarchy style in each country affect its economic system?

Having a monarchy has no effect on the economic system of that country. Monarchies have presided over traditional economic states, mercantilist states, capitalist states, welfare-socialist states, etc.


How can federal government affect fiscal policy?

Generally speaking the fiscal policies of the US Federal government are related to the monetary policies of the US Federal Reserve System. With that said, US fiscal policies of the Federal government can affect the economic situation of the US. The Federal government can do the following to influence the US economy, all of which are meant to improve the economy, however, that may not be the intended result. Here are some but not all examples of how the economy of the US can be affected by the Federal government:* Increase or decrease income taxes on personal and corporate income;* Increase or decrease gasoline taxes;* Increase or decrease tariffs;* Increase or decrease capital gains taxes ( part of income taxation );* Increase or decrease social security payments;* increase or decrease certain Medicare prices (costs )* increase or decrease Federal employment policies;* increase or decrease social spending in terms of food stamps as an example; and* Increase or maintain current levels of the national debt ceiling.


What action would be encouraged under a free enterprise system but discouraged under a mercantilist system?

Importing cheap consumer goods from foreign countries

Related questions

What is the mercantilist system role with el salvadors parent country?

Do you have Mr. Ventura as a teacher


What would not be supported by a government practicing a mercantilist economic system?

the country's navy uses only imported wood and steel to build its ships


Why were colonies important in the mercantilist system?

The mercantilist system was when the English (and other countries) were expanding and looking for more income or revenue, and founding colonies was a very key way to do that.


A short circuits in any system are always accompanied by a sudded?

current decrease


How do you increase the frequency in an oscillating mass-spring system?

You either Decrease mass or increase spring force.


Can the amount of interstellar dust in the solar system periodically increase or decrease?

increase ya frickin a hole


As the temperature of a fixed volume of a gas increases the pressure will?

decrease


What situations would not be supported by a government practicing a mercantilist economic system?

the country's navy uses only imported wood and steel to build its ships


An application of the first law of thermodynamics is energy does not increase or decrease?

The total energy of an isolated system will never increase nor decrease. Any increase in energy in a closed system (one where no mass crosses the system boundaries) must come by the addition of that energy from outside via heat or work. Likewise any decrease can only come via heat leaving the system or work being done by the system on its surroundings.


When a student cleans their dorm room the entropy of the system must decrease How is this NOT a violation of the second law of thermodynamics?

If you include the student in the system, the entropy will increase, not decrease.


How can pressure be increased for a gaseous system?

decrease volume, increase temperature, etc.


Which of the following situations would not be supported by a government practicing a mercantilist economic system?

(Apex) The country's navy uses imported wood and steel to build its ships.