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Mercantilism was about building up the nation's wealth in terms of hard cash.

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Jamir Kovacek

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3y ago

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How did mercantilism represent a form of government intervention in the economy?

Did mercantilism accept the intervention of government


What is one characteristic of british mercantilism?

it was a way to get money for the brithish


Difference between laissez- faire and mercantilism?

laissez-faire has no control by the government, while mercantilism is an economy controlled by the government


Who held the policy of mercantilism?

the British Government


How is mercantilism different than a market economy?

becausIn mercantilism, the government decides pricing instead of the consumer.e it is


What was a major characteristic of mercantilism in colonial Latin America?

colonies were a source of raw materials for Spain.


What political influences shaped the governments of British colonies?

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.


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


Which is a feature of mercantilism?

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.


What was a characteristic of the policy of mercantilism followed by spanish colonial rulers in latin America?

The coloies were required to provide raw materials


Why did mercantilism require a strong central government?

To maintain the largest margin of wealth possible.


What is the difference between a mercantile system and a free enterprise system?

Capitalism allows businesses to operate without regulation, while mercantilism is based on strict government control over economies. [APEX]