0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Mercantilist theory asserts that a nation should maintain a balance of payments?
positive
What was the basis of the mercantilist theory of economics?
The idea that the nation could be enriched by controlling trade with colonial markets.
What did mercantilist economic theory stipulate?
That nation should lower tariffs an promote free trade so that all might benefit
Why did the kings and queens pursue mercantilist policies?
Because mercantilism was an economic and political theory emphasizing money as the chief source of wealth
What is mercantilist theory?
Mercantilist theory is an economic policy that emphasizes the accumulation of wealth through maximizing exports and minimizing imports. It promotes government intervention in the economy to protect and promote national interests, such as establishing colonies and imposing tariffs. Mercantilism was prominent in Europe during the 16th to 18th centuries.
Did the Mercantilist theories caused European nations to abandon their overseas colonies?
Mercantilist theories caused European nations to abandon their overseas colonies.
How can mercantilism be used in a sentence?
"Do you want to be a mercantilist?"
Mercantilist government tried to maximize?
production.
What the cause of a cell theory?
cell theoryThe cause of cell theory is observations of schleiden, schwann, and Virchow
Can the future cause a theory to be revised or discarded?
As new evidence is discovered it can cause a theory to be revised or discarded.
What did mercantilist advocate that a nation do?
A large supply of bullion
What is the theory that microorganisms can cause disease?
The germ theory of disease.
