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What are examples of mercantilism?

Mercantilism is a theory that a nation's economic strength came from protecting and increasing its home economy by keeping strict control over its colonial trade. I guess examples can be: England's finished products. England made the colonies trade with England only.


What are examples of economic systems?

Some examples of of economic systems are goods and services,money,and choices.


What are some of the characteristics of mercantilism?

Merchant related trade


What are some of the essential characteristics of mercantilism?

Merchant related trade


What statement describes the theory of mercantilism?

The theory of mercantilism is described best as England giving economic favors. these favors were given to some companies and people but not others.


How did the physiocrats feel about mercantilism?

They hated the mercantilism


What were some good things about mercantilism?

some good things about mercantilism was that they had to get together to find out some things about people. They didn'tknow what to do about those good things but they did know what to do about the bad things. And you will know more about the bad things whenever you ask the question.


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 are ideological partys?

Ideological parties are groups of people that hold the same ideas and beliefs about how things are or how they ought to be. There are ideological parties in all sorts of fields. Some examples of ideologies are communism, socialism, capitalism, social Darwinism, mercantilism, classical liberalism, etc.


Is mercantilism the same as economic nationalism?

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.