Mercantilism, an economic theory that emphasizes accumulating wealth through trade surplus and government intervention, laid the groundwork for America's early economic policies. Its principles can still be seen today in protectionist trade practices and the focus on boosting domestic industries. Additionally, the historical emphasis on colonial expansion and resource exploitation continues to influence America's global economic strategies. Overall, mercantilism's legacy shapes contemporary debates on trade, tariffs, and economic nationalism in the U.S.
well its pretty much good, but there are still some argues about it. *--[Stephanie]--*
ow are the ideas of mercantilism relflected in our economy today
mercantilism actually help global trade
Mercantilism was the idea behind the colonization of North America. Europe colonized in North America for profit.
Europe, America, and Asia.
well its pretty much good, but there are still some argues about it. *--[Stephanie]--*
ow are the ideas of mercantilism relflected in our economy today
mercantilism actually help global trade
Mercantilism was the idea behind the colonization of North America. Europe colonized in North America for profit.
Europe, America, and Asia.
Europe, America, and Asia.
mercantilism affected the 13 colonies because it was the type of government the 13 colonies used
it started yesterday and ended today :)
It was wonderful. Back then they didn't have cars or trucks. Today people have replaced them with machines.
It created a war with Englan and America
Mercantilism is based on the idea that a nation's power stems from its wealth, which encouraged the acquisition of natural resources and developing trade in North America.
Mercantilism is based on the idea that a nation's power stems from its wealth, which encouraged the acquisition of natural resources and developing trade in North America.