mercantilism
Under the idea of mercantilism, a country will be economically successful if it has more exports than imports.
(True) that is the theory of mercantilism.
good idea!! yes!
because trading was happening
mercantilism
Under the idea of mercantilism, a country will be economically successful if it has more exports than imports.
(True) that is the theory of mercantilism.
good idea!! yes!
phillips phillips: home
because trading was happening
Mercantilism.
Mercantilism was the idea behind the colonization of North America. Europe colonized in North America for profit.
mercantilism
mercantilism
export more goods than are imported
There are some similarities between mercantilism and economic nationalism, specifically in the idea that the purpose of the economy is to propel and enhance the power of the nation-state. However, mercantilism holds certain economic beliefs which are not necessary in nationalism, such as the idea of zero-sum world trade and objective value of and desire to collect bullion. So, mercantilism and economic nationalism, while similar, are not the same.