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What was the most important principle of mercantilism?
The most important principle of mercantilism was to export more than you import when running a nation.
True or false Mercantilism was a protective British trade policy?
yes it was important
Why were the colonies important in the theory of mercantilism?
The Colonies were important because they supply Great Britain raw resources and material.
True or false mercantilism was a protective british trade route policy?
yes it was important
Why were colonies important to mercantilism?
They served as both the source of raw materials and the markets for finished goods.
What was the most important principle of mercantilism?
The most important principle of mercantilism was to export more than you import when running a nation.
True or false Mercantilism was a protective British trade policy?
yes it was important
Why were the colonies important in the theory of mercantilism?
The Colonies were important because they supply Great Britain raw resources and material.
True or false mercantilism was a protective british trade route policy?
yes it was important
Why were colonies important to mercantilism?
They served as both the source of raw materials and the markets for finished goods.
How did the physiocrats feel about mercantilism?
They hated the mercantilism
Did capitalism replaced mercantilism as the economic theory?
Sort of. Mercantilism was in some ways a form of a more primitive capitalism, though important differences between the two justifies distinguishing between them and treating them separately to a limited extent.
What is a good sentence for mercantilism?
mercantilism was eventually replaced by capitalism
How is capitalism different from mercantilism?
Capitalism is an economic system. Mercantilism is trading.
The dominant economic theory of the late 1700s was?
MercantilismThe answer is Mercantilism
What was an aspect of mercantilism?
One aspect of mercantilism is building a network of colonies overseas.
What was aspect of mercantilism?
One aspect of mercantilism is building a network of colonies overseas.
