Mercantilism
The answer is Mercantilism
Poor Harvests
Mercantilism is an economic theory used by Europe in the late 16th to 18th century that introduced government regulations. It is said to be a brainchild of Adam Smith's book, The Wealth of Nations.
the people
Yes, capitalism emerged as a dominant economic theory that replaced mercantilism, particularly during the late 18th and early 19th centuries. Unlike mercantilism, which emphasized government intervention and regulation to control trade and accumulate wealth, capitalism advocates for free markets, competition, and minimal government interference in economic activities. This shift allowed for greater innovation and efficiency in industry, promoting individual entrepreneurship and the belief that the free market could better allocate resources.
Economic reform movements developed in the late 1800 because in the late 1800s farmers experienced great economic hardships, suffering from falling prices and rising costs.
Poor Harvests
Mercantilism was the dominant school of thought in Europe throughout the late Renaissance and early modern period (from the 15th-18th century).
Extravagance of the Royal Court, and heavy taxes on the poor. It led to revolution.
In which was about eighty percent of the population engaged in the late 1700s?
Yes, they were working on steam cars in the late 1700s.
Some of the economic issues that faced France in the late 1700s were high unemployment rate, debt accumulated during the 1668 war with the British, excessive government spending, poor tax collection, poor income distribution and high inflation rates.
In the late 1700s, steam replaced water as the main power source.
Mercantilism is an economic theory used by Europe in the late 16th to 18th century that introduced government regulations. It is said to be a brainchild of Adam Smith's book, The Wealth of Nations.
In the late 1700s
In the late 1700s
ok
In the late 1700s