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import more goods than are exported---nova net << that is utterly wrong!
Actually, the main idea was to export more goods than are imported.
What else can I help you with?
Did the theory of mercantilism was based on the idea that colonies existed primarily for the economic benefit of the mother country?
(True) that is the theory of mercantilism.
What is the main idea behind the theory of mercantilism?
import more goods than are exported---nova net
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 the main idea behind mercantilism?
export more goods than are imported
What was the main idea behind the theory of mercantilism?
The main idea behind the theory of mercantilism was that a nation's wealth and power were best served by increasing exports and accumulating precious metals, such as gold and silver. Mercantilists believed that the economy should be regulated by the state to achieve a favorable balance of trade, where exports exceeded imports. This theory emphasized the importance of a strong central government to control trade policies and promote national interests, often leading to colonial expansion and competition among nations for resources and markets.
The dominant economic theory of the late 1700s was?
MercantilismThe answer is Mercantilism
How did navigation support the system of mercantilism?
The main idea behind mercantilism is that you want more exports than imports (more money coming into your country than going out of your country).
How did the navigation acts support the system mercantilism?
The main idea behind mercantilism is that you want more exports than imports (more money coming into your country than going out of your country).
How did navigations act support system of mercantilism?
The main idea behind mercantilism is that you want more exports than imports (more money coming into your country than going out of your country).
Best theory that supports mercantilism?
The best theory that supports mercantilism is the "Balance of Trade" theory, which posits that a nation's wealth and power are best served by maximizing exports and minimizing imports. This theory emphasizes the importance of accumulating precious metals, such as gold and silver, through a favorable balance of trade. Mercantilism advocates for government intervention to protect domestic industries and promote exports, reinforcing the idea that national prosperity is achieved through a strong trade surplus.
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.
What is the basis for the 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.
