fu
Controlling trade is a key to increasing power.
Between 1600 and 1800 most of the states of Western Europe were heavily influenced by a policy usually known as mercantilism. This was essentially an effort to achieve economic unity and political control.
Between 1600 and 1800 most of the states of Western Europe were heavily influenced by a policy usually known as mercantilism. This was essentially an effort to achieve economic unity and political control.
Colonies exist to provide raw materials and markets for a colonial power.
fu
to export more than you import
Controlling trade is a key to increasing power.
Between 1600 and 1800 most of the states of Western Europe were heavily influenced by a policy usually known as mercantilism. This was essentially an effort to achieve economic unity and political control.
Between 1600 and 1800 most of the states of Western Europe were heavily influenced by a policy usually known as mercantilism. This was essentially an effort to achieve economic unity and political control.
Mercantilism APEX
Colonies exist to provide raw materials and markets for a colonial power.
They hated the mercantilism
help
mercantilism was eventually replaced by capitalism
No one theory alone can describe the pattern of international trade. Together, the theories of Free Trade, Life-Cycle, Mercantilism, Heckscher0Ohlin, New Trade and Porter's Theory support the concept of globalization.
Capitalism is an economic system. Mercantilism is trading.