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Q: What did mercantile system produce?
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What were colonies required to do under the mercantile system?

Under the mercantile system, the colonies were required to develop trade with other nations, produce manufactured goods, and supply raw materials.


The system was the method that England used to regulate trade?

mercantile


What was the impact of the mercantile system in the Netherlands?

The impact of the Mercantile system in the Netherlands was creation of monopolies.


How do mercantile exchanges work?

How did the British mercantile system work?


What is the mercantile system?

The mercantile system was a system in which a country's main goal was to procure as much money as possible and often exploit her colonies to achieve this end.


What French economist is most associated with the mercantile economic system?

The French economist most associated with the mercantile economic system was Colbert.


Under which system did England use the American colonies to supply its need for resources?

The Mercantile System used American colonies to supply England's needs for resources.


Which of these descriptions does not apply to the economy of eigh teenth century England?

The mercantile system was still strongA+


How does mercantilism compare with free enterprise system?

The long ago outdated Mercantile system placed laws on trade between a nations colonies and the homeland. One aspect of it was restrict how and by whom shipping of goods and products would be governed. In a capsule, it was an economic system "governed" by laws to such an extent it stifled economic progress.In contrast, a free enterprise system permits free trade and private production. Nation's do place certain restraints on a free market system, however, in comparison to the mercantile system, these restraints are very light. Over time, free enterprise systems produce much more economic growth then the old mercantile system.


The mercantile system began to fail because .?

all correct


The economic policies of the colonies had to be regulated to meet the needs of England under which system?

mercantile system


Which of these statements about the English mercantile system is false?

the system of mercantilism was an extension of the policy of salutary neglect...