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Pros:

- promotes independence and Imperialism within nations, especially through the cultivation of colonies (allies)

- increases nations wealth and security by imposing government intervention and regulation

- it results in a more stable economy and country overall

Cons:

- not very efficient because since it tries to avoid foreign trade and foreign imports- through high tariffs, sanctions, etc-the global economy can fail; especially considering the fact that many countries would be lacking the resources of this monarchy's resources

- because of its worth through the possession of precious metals such as gold and silver, there is a need to increase the supply of those materials, which can potentially decrease Natural Resources

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13y ago

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