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What is mercantilism and how does it affect countries?

Updated: 9/21/2023
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Mohammedatef

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Q: What is mercantilism and how does it affect countries?
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What countries participated in mercantilism?

European countries mostly, in France Jean-Baptist Colbert was the main advocate of mercantilism


How did the policy of mercantilism affect global economies?

mercantilism actually help global trade


When practicing mercantilism countries did what?

penis


What countries used mercantilism?

Europe, America, and Asia.


What is mercantilism and how did it affect the 13 colonies?

mercantilism affected the 13 colonies because it was the type of government the 13 colonies used


What was the mercantilism system?

The mercantilism system was an economic system prevalent in the 17th and 18th centuries. It relied on the European countries deriving wealth from their colonies.


How did mercantilism affect the lives of native American Indians living in the new world?

Mercantilism created a need for workers on the plantations, ranches and mines of the European colonists. Most of the Native Americans were used as laborers to produce the raw materials for the European countries. The worked under harsh conditions and were often mistreated.


What caused the growth of mercantilism?

Mercantilism was an economy theory that posited that the wealthiest nation, particularly in terms of precious metals, would be the most powerful. The demand of the precious metals by the developed countries was one of the causes of mercantilism.


Where did mercantilism start?

Mercantilism began with the English colonies. Mercantilism is a system where a country or empire exports more than it imports. England was able to employ this system by building a vast empire and exporting the goods from those countries to others.


What word describes the economic system of European countries during the colonial era?

Mercantilism


Which of these economic systems developed as European countries began establishing overseas colonies?

mercantilism


How did mercantilism affect colonies after the french and Indian war?

Mercantilism affected them because it was one of the main reasons for the American Revolution. We were told that we could trade with no one but England and we got mad.