Mercantilism was about building up the nation's wealth in terms of hard cash.
Did mercantilism accept the intervention of government
it was a way to get money for the brithish
laissez-faire has no control by the government, while mercantilism is an economy controlled by the government
the British Government
becausIn mercantilism, the government decides pricing instead of the consumer.e it is
colonies were a source of raw materials for Spain.
it was the same as the BritishObviously the the governments of many former British colonies are base on the British system of government and law. That and in some instances influences that came from the original culture and religion.
mercantilism affected the 13 colonies because it was the type of government the 13 colonies used
A feature of mercantilism is full government control of the national economy. This theory believes that this is the only way of achieving a healthy economy.
The coloies were required to provide raw materials
To maintain the largest margin of wealth possible.
Capitalism allows businesses to operate without regulation, while mercantilism is based on strict government control over economies. [APEX]