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What was the Economic theory that supported colonialism?
Mercantilism
What is the economic theory that supported colonialism?
Mercantilism :)
The economic system where colonies are set up to make the mother country rich is called what?
mercantilism
How did exploration and colonialism lead to the growth of capitalism market economy and mercantilism?
When the people went to explore, they found spices, plants, animals, and food. So these items led to producing a market economy, supply and demand, capitalism, and mercantilism.
What is commercial reformation?
The commercial revolution was a period of European economic expansion, colonialism and mercantilism. It lasted from the 13th century until the 18th century, when it was succeeded by the industrial revolution.
How did the french benefit from colonialism and mercantilism?
They got more than what they deserved from the natives. The French gave them cheap stuff (knives, tools, etc) but they got beaver and other animals furs in return from the natives.
What is the practice of controlling a country's foreign trade building an army of locals and keeping local rulers in power called?
It is called mercantilism. Mercantilism is an economic system where a country seeks to maintain a positive balance of trade by controlling imports and exports, building a strong military force, and supporting local rulers who can help achieve economic goals.
How did the physiocrats feel about mercantilism?
They hated the mercantilism
What type of Colonialism did the US practice?
Sexual colonialism.
Various stages of colonialism in India?
Stages of Colonialism in India
When was A Dying Colonialism created?
A Dying Colonialism was created in 1959.
Famous people during colonialism?
Famous people during colonialism?A famous person during colonialism was George Washington.
