0
Mercantilism is, in basic terms, trade within an empire, meaning no importing or exporting from foreign providers. The goal of such a system would be self-growth of the traders/companies within the empire.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What was the goal of mercantilism?
creation of a favorable balance of trade
What is mercantilism main goal?
Under the idea of mercantilism, a country will be economically successful if it has more exports than imports.
What was one goal of mercantilism?
creation of a favorable balance of trade
What was the main goal of mercantilism?
To increase the nation's (great Britain's) total wealth
What did the belief in mercantilism encourage European countries to do?
the goal of every nation was to become as wealthy as possible
What was the goal of mercantilism?
creation of a favorable balance of trade
What is mercantilism main goal?
Under the idea of mercantilism, a country will be economically successful if it has more exports than imports.
What was one goal of mercantilism?
creation of a favorable balance of trade
The goal of mercantilism is?
Mercantilism is, in basic terms, trade within an empire, meaning no importing or exporting from foreign providers. The goal of such a system would be self-growth of the traders/companies within the empire.
What was the main goal of mercantilism?
To increase the nation's (great Britain's) total wealth
What did the belief in mercantilism encourage European countries to do?
the goal of every nation was to become as wealthy as possible
The fundamental goal of mercantilism in the 17th and 18th centuries was?
To have "mother" countries serve as a source of raw materials and the colonies as a source of manufactured goods.
Was mercantilism concerned with the actively spreading Christianity throughout the new world?
No, mercantilism was primarily an economic theory focused on maximizing the wealth and power of the state through policies such as regulating trade, accumulating precious metals, and establishing colonies. While some European powers did spread Christianity as part of their colonial efforts, this was not the primary goal of mercantilism.
Fundamental goal of British mercantilism was to?
the British wanted the colonies to establish an economy to their advantage. They would use high taxes and tariffs to obtain money for their advantage.
How did the physiocrats feel about mercantilism?
They hated the mercantilism
What are the contributions of mercantilism to economic thought?
held that a country's power depended mainly on its wealth. As a result, the goal of every nation became the attainment of as much wealth as possible
Why were eurpoeans monarchs worried about their colonies in america?
Mercantilism was the basic policy imposed by Britain on its colonies. The colonies were captive markets for British industry, and the goal was to enrich the mother country.
