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What is the basis for the the economic theory of mercantilism that drove the exploration and settlement of North America by Europeans?
Wiki User
∙ 11y ago
Mercantilism is based on the idea that a nation's power stems from its wealth, which encouraged the acquisition of natural resources and developing trade in North America.
Wiki User
∙ 11y ago
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What economic system grew as a result of exploration and trade?
I believe the answer is mercantilism, which emerged during the early sixteenth century in the dawn of the Age of Exploration. Mercantilism is a political and economic policy seeking to advance a state above others by accumulating large quantities of precious metals and by exporting in large quantity while importing in small. http://www.thefreedictionary.com/mercantilism
Mercantilism in India 1600-1800?
Mecantilism in India was the prevailing economic practice of the europeans in which there was an excess of exports over imports.
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 :)
How did the economic theory of mercantilism influence the exploration and settlement of north Americam by Europeans?
hustin is a big city so thts how they did it
What is the basis for the economic theory of mercantilism that drove the exploration and settlement of North America by Europeans?
Mercantilism is based on the idea that a nation's power stems from its wealth, which encouraged the acquisition of natural resources and developing trade in North America.
How did the economic theory of mercantilism influence the exploration and settlement of of North America by Europeans?
Once gold was discovered in America, countries wanted to capitalize on that and sent more people to settle in North America.
What economic system grew as a result of exploration and trade?
I believe the answer is mercantilism, which emerged during the early sixteenth century in the dawn of the Age of Exploration. Mercantilism is a political and economic policy seeking to advance a state above others by accumulating large quantities of precious metals and by exporting in large quantity while importing in small. http://www.thefreedictionary.com/mercantilism
Mercantilism in India 1600-1800?
Mecantilism in India was the prevailing economic practice of the europeans in which there was an excess of exports over imports.
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 were the economic reasons behind the exploration and settlement of New France?
I don't really know but I'm guessing its because of the fur trade.
What was the Economic theory that supported colonialism?
Mercantilism
What is the economic theory that supported colonialism?
Mercantilism :)
Under the economic policy of mercantilism which of these did the colonies not have to do?
Under the economic policy of mercantilism the thing that the colonies did not have to do was Manufacture the same items that were produced to England ------> Is MpK
Which is the economic system that equates a nations wealth with amount of its gold and silver?
Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.
