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false (a country is only as strong as the stuff they can trade)

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What was British Mercantilism?

England used a plan known as mercantilism to keep it rich and strong. According to this plan, a country becomes rich by selling more goods to other countries than it buys from them, England applied this plan to the American colonies. In other words, Britain attempted to become more prosperous by selling more goods to the colonies than buying from them. Essentially, Britain forbade the colonies to buy from any other country to ensure their profits.


How did a country grow according to mercantilism?

According to mercantilism, a country grew by increasing its wealth primarily through a favorable balance of trade, where exports exceeded imports. This was achieved by maximizing exports of goods and resources while minimizing imports, thereby accumulating precious metals like gold and silver. Additionally, strong government intervention was encouraged to support domestic industries, establish colonies for resource access, and implement protectionist policies, all aimed at enhancing national power and economic self-sufficiency.


Why did mercantilism required strong central government?

Mercantilism involved strict governmental control over the colonies to maintain the largest margin of wealth possible. Such control required strong centralized governments rather than the small scattered kingdoms that had existed during the feudal era. As smaller kingdoms merged together to form nations under one ruler, they were better able to compete in the mercantilist system


What was the result of England's pursuit of mercantilism?

England's pursuit of mercantilism led to the establishment of a strong centralized economy focused on accumulating wealth through trade, particularly with its colonies. This resulted in the expansion of the British Empire, increased naval power, and the implementation of restrictive trade policies that benefited English merchants. However, it also fostered tensions with colonies and rival nations, contributing to conflicts such as the Anglo-Dutch Wars and eventually the American Revolution. Overall, while mercantilism bolstered England's economic strength, it also sowed the seeds of dissent and conflict.


Why did mercantilism require a strong central government?

To maintain the largest margin of wealth possible.

Related Questions

How did England's belief in mercantilism affect the colony's?

The colonies became strong by keeping strict control over its trade that's how the belief in mercantilsim affect the colonies.


What was British Mercantilism?

England used a plan known as mercantilism to keep it rich and strong. According to this plan, a country becomes rich by selling more goods to other countries than it buys from them, England applied this plan to the American colonies. In other words, Britain attempted to become more prosperous by selling more goods to the colonies than buying from them. Essentially, Britain forbade the colonies to buy from any other country to ensure their profits.


What is the economic theory that a nation became strong by expanding trade finding gold and setting up colonies?

Mercantilism Skinny Pimp


What is a strong belief in ones country?

A strong belief in one's country is known as patriotism. It involves love, pride, and loyalty towards one's nation, often accompanied by a desire to support and defend its interests.


What is the definition of a strong belief in ones country?

A strong belief in one's country is known as patriotism, where individuals feel a deep sense of pride, loyalty, and devotion towards their nation. It often involves a love for one's country, its culture, history, and values, and a willingness to support and defend it.


Why did mercantilism required strong central government?

Mercantilism involved strict governmental control over the colonies to maintain the largest margin of wealth possible. Such control required strong centralized governments rather than the small scattered kingdoms that had existed during the feudal era. As smaller kingdoms merged together to form nations under one ruler, they were better able to compete in the mercantilist system


What country has the most power?

I believe that right now the United States has the most power because of our strong government, belief in our people, and strong, courageous military.


What event led england to begin directing its resources toward colonization of the Americas?

The economic system of England at the time was mercantilism. Colonies provide the mother country with wealth in a mercantile economy. The American Colonies were rife with and abundance of natural resources. Britain wanted to establish a strong presence in North America in order to control these resources and keep other countries away.


What country does Harry Von Liechundoff live in?

As far as we know he was born in Germany but we have a strong belief that he is now living in England


What is the practice of controlling a country's foreign trade building an army of locals and keeping local rulers in power called?

It is called mercantilism. Mercantilism is an economic system where a country seeks to maintain a positive balance of trade by controlling imports and exports, building a strong military force, and supporting local rulers who can help achieve economic goals.


Why did mercantilism require a strong central government?

To maintain the largest margin of wealth possible.


How strong is the belief about Jesus?

from tullulla :~)