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The doctrine of mercantilism supported the idea that the state?
Wiki User
∙ 13y ago
has a major role to play in the economy
source:Viotti, P., & Kauppi, M. (2009). International relations and world politics: Security, economy, identity (4th ed.). Upper Saddle River, NJ: Prentice Hall. Text ISBN: 0131844156. EdMap package ISBN: 9780558855093
Wiki User
∙ 13y ago
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Is mercantilism the same as economic nationalism?
There are some similarities between mercantilism and economic nationalism, specifically in the idea that the purpose of the economy is to propel and enhance the power of the nation-state. However, mercantilism holds certain economic beliefs which are not necessary in nationalism, such as the idea of zero-sum world trade and objective value of and desire to collect bullion. So, mercantilism and economic nationalism, while similar, are not the same.
What was the idea that a nations power was based on its wealth?
mercantilism
What is mercantilism main goal?
Under the idea of mercantilism, a country will be economically successful if it has more exports than imports.
Did the theory of mercantilism was based on the idea that colonies existed primarily for the economic benefit of the mother country?
(True) that is the theory of mercantilism.
Change from mercantilism to free enterprise?
good idea!! yes!
Is mercantilism the same as economic nationalism?
There are some similarities between mercantilism and economic nationalism, specifically in the idea that the purpose of the economy is to propel and enhance the power of the nation-state. However, mercantilism holds certain economic beliefs which are not necessary in nationalism, such as the idea of zero-sum world trade and objective value of and desire to collect bullion. So, mercantilism and economic nationalism, while similar, are not the same.
What was the idea that a nations power was based on its wealth?
mercantilism
What is mercantilism main goal?
Under the idea of mercantilism, a country will be economically successful if it has more exports than imports.
Did the theory of mercantilism was based on the idea that colonies existed primarily for the economic benefit of the mother country?
(True) that is the theory of mercantilism.
Change from mercantilism to free enterprise?
good idea!! yes!
What idea did supporters of the states right doctrine?
States rights doctrine, which said that since the states had formed the national government, state power should be greater than federal power
What idea did supporters of the states of doctrine promote?
States rights doctrine, which said that since the states had formed the national government, state power should be greater than federal power
The idea that colonies existed to benefit the mother country called?
Mercantilism.
How did the idea of mercantilism lead to the age of exploration?
because trading was happening
Why did the triangular trade support the idea of mercantilism?
phillips phillips: home
What idea did the supporters of the states right doctrine promote?
States rights doctrine, which said that since the states had formed the national government, state power should be greater than federal power
What idea did supporters of the states rights doctrine promote?
States rights doctrine, which said that since the states had formed the national government, state power should be greater than federal power
