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How did the economic philosophy of mercantilism slow economic growth before the industrial revolution?
It prevented merchants from freely trading goods in foreign markets.
Why did colonists dislike mercantilism?
because it was in favor of the British Mercantilism was the economic philosophy underlying early European colonial policy. The object of mercantilism was to increase the wealth of the Mother Country (England) in gold and silver.
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 :)
The phrase mother country is best assosiated with the economic philosophy known as?
The economic philosophy known as mercantilism was associated with the mother country.
The phrase mother country is best associated with the economic philosophy known as?
mercantilism
What was dominant economic philosophy in western Europe during the seventeenth century?
mercantilism
How did the economic philosophy of mercantilism slow economic growth before the industrial revolution?
It prevented merchants from freely trading goods in foreign markets.
Why did colonists dislike mercantilism?
because it was in favor of the British Mercantilism was the economic philosophy underlying early European colonial policy. The object of mercantilism was to increase the wealth of the Mother Country (England) in gold and silver.
A new economic philosophy that stated that a nation's economic strength depended on keeping and increasing its gold supply?
Developed in the 16th century, the economic philosophy of mercantilism became very popular. It stated that a country's richness and strength could best be shown through the amount of gold it possessed.
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
This was the economic philosophy that control of imports was the key to enhancing the health of a nation and that Colonies existed to serve the home country as a source of raw materials and a market f?
Mercantilism
How did the economic philosophy of mercantilism slow economic growth before the industrial revolution.?
It prevented merchants from freely trading goods in foreign markets.
What was the Economic theory that supported colonialism?
Mercantilism
What is the economic theory that supported colonialism?
Mercantilism :)
