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Mercantilism was the European way of life from the 1600s to the 1800s. The idea was to encourage a balance of trade and to economically challenge foreign powers. It was also a counter measure against absolutism. Although much of Europe was a monarchy, complete control of the people in terms of economics was discouraged. Most absolute monarchies were inherited.

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Q: What was the impact of the British policy of mercantilism?
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Related questions

How did mercantilism impact England and England colonies?

Trades and goods for the location of the policy and for the Mercantilism


How did mercantilism impact England and England's colonies?

Trades and goods for the location of the policy and for the Mercantilism


Who held the policy of mercantilism?

the British Government


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.


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.


What year did the british policy of mercantilism take place?

1733


True or false Mercantilism was a protective British trade policy?

yes it was important


True or false mercantilism was a protective british trade route policy?

yes it was important


Why did many American colinists oppose the british policy mercantilism?

It basically restricted trade


Why did colonists dislike mercantilism?

because it was in favor of the British Mercantilism was the economic philosophy underlying early European colonial policy. The object of mercantilism was to increase the wealth of the Mother Country (England) in gold and silver.


What was the economic policy of Europe in the 1500s through the 1700s that forced the colonies to buy British goods?

Mercantilism


What is the relationship between mercasntilism and colonization?

the relationship between the two is depicted by mercantilism is a new economic policy and colonization is the establishment of colonies; "the British colonization of America" so the British colonized colonies and made a new mercantilism.