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creation of a favorable balance of trade
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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 is the goal of mercantilism?
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
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 is the goal of mercantilism?
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.
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
What was aspect of mercantilism?
One aspect of mercantilism is building a network of colonies overseas.
What was an aspect of mercantilism?
One aspect of mercantilism is building a network of colonies overseas.
What is the economic policy of mercantilism?
Not one hundred percent sure, but the policy of mercantilism was that Africans were a better and cheaper labor source.
What is the British policy of mercantilism?
Not one hundred percent sure, but the policy of mercantilism was that Africans were a better and cheaper labor source.
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.
What is the British economic policy of mercantilism?
Not one hundred percent sure, but the policy of mercantilism was that Africans were a better and cheaper labor source.
