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What are the contributions of mercantilism to economic thought?
Wiki User
∙ 15y ago
held that a country's power depended mainly on its wealth. As a result, the goal of every nation became the attainment of as much wealth as possible
Wiki User
∙ 15y ago
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How is capitalism different from mercantilism?
Capitalism is an economic system. Mercantilism is trading.
The dominant economic theory of the late 1700s was?
MercantilismThe answer is Mercantilism
What is the economic theory that supported colonialism?
Mercantilism :)
Under the economic policy of mercantilism which of these did the colonies not have to do?
Under the economic policy of mercantilism the thing that the colonies did not have to do was Manufacture the same items that were produced to England ------> Is MpK
Which is the economic system that equates a nations wealth with amount of its gold and silver?
Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.
What is the name of the set of principles that dominated economic thought in the seventeenth century?
Mercantilism
What was the name of the set of principles that dominated economic thought in the seventeenth century?
mercantilism
What year was mercantilism started?
Mercantilism emerged as an economic theory in the 16th century, particularly in Europe, and influenced economic policies of various countries until the late 18th century.
How is capitalism different from mercantilism?
Capitalism is an economic system. Mercantilism is trading.
The dominant economic theory of the late 1700s was?
MercantilismThe answer is Mercantilism
What was the Economic theory that supported colonialism?
Mercantilism
What is the economic theory that supported colonialism?
Mercantilism :)
Under the economic policy of mercantilism which of these did the colonies not have to do?
Under the economic policy of mercantilism the thing that the colonies did not have to do was Manufacture the same items that were produced to England ------> Is MpK
Which is the economic system that equates a nations wealth with amount of its gold and silver?
Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.
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 economic system is most similar to mercantilism?
capitalism
What is an economic policy based on a nations wealth?
Mercantilism
