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How did the physiocrats feel about mercantilism?
They hated the mercantilism
What were the advantages and disadvantages of mercantilism?
Mercantilism was created to increase the profit made by a country. The mother country sends a people to another territory to create a colony. The colony extracts material from the new territory and sells it back to the mother country, who converts the material to finished goods that they can sell to other countries. Some of the disadvantages were that there were being resources taken away from the territory. Also, the colony was only allowed to trade with the original country.
What is a good sentence for mercantilism?
mercantilism was eventually replaced by capitalism
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
How did the physiocrats feel about mercantilism?
They hated the mercantilism
What were the advantages and disadvantages of mercantilism?
Mercantilism was created to increase the profit made by a country. The mother country sends a people to another territory to create a colony. The colony extracts material from the new territory and sells it back to the mother country, who converts the material to finished goods that they can sell to other countries. Some of the disadvantages were that there were being resources taken away from the territory. Also, the colony was only allowed to trade with the original country.
What is a good sentence for mercantilism?
mercantilism was eventually replaced by capitalism
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
Was mercantilism an early phase of capitalism?
That is true, mercantilism was an early phase of capitalism.
What was an aspect of mercantilism?
One aspect of mercantilism is building a network of colonies overseas.
What is a sentence using the word mercantilism?
Mercantilism still rules the financial press.
What was aspect of mercantilism?
One aspect of mercantilism is building a network of colonies overseas.
The belief that colonies exist to benefit the economy of the mother country is known as?
Mercantilism. Held in the early days of settelment of the americas.
What is an example of a sentence using the word mercantilism?
Mercantilism was a way to get money from other nations. It is an example of mercantilism in a sentence.
Where did mercantilism develop?
Mercantilism developed in Europe around the late 16th to 18th centuries
