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What is The economic system that European nations used to enrich their treasuries?
Wiki User
∙ 11y ago
Mercantilism
Wiki User
∙ 11y ago
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European monarchs who wanted to enrich their countries by exporting more than they imported practiced the economic policy known as?
mercantalism
What does cooperate greed mean?
for a person to enrich himself
What is merchantilist economic theory?
Mercantilism is an economic theory which espouses two clear ideological assumptions: 1) that the goal of an economy is to enrich the country it resides in to it best extent; 2) to complete this, countries should accumulate - and hoard - coinage, especially in gold, and protect their industries. Mercantilism believed that the amount of world trade was limited, and that trade itself was a resource. Countries who exported more than they imported profited from trade while those who imported more lost out. Therefore, countries sought to export as much as possible in exchange for coinage and become self-sustaining in imports. Mercantilism went well with imperialism in the 15th-18th centuries, because it justified conquest and expansion of Europeans nations as a means of economic growth and self-sustenance.
What was the primary objective of mercantilism?
Was to enrich the nation by fostering a favorable balance of trade.
Why do the global north and the global south depend on each other?
If you meant to ask how the Nations of the global north and the global south depend on each other, it's basically that Multi-National Corporations can help enrich nations with trade and services. One example of this is at your local supermarket where out of season foods are available year around, and with services as many companies contract out their work with out of country services such as call centres for things like banking, or technical support.
How did colonies help European countries enrich their treasuries?
colonies helped nations do this by providing gold and silver mines, producing goods that could be traded for gold and silver
European monarchs who wanted to enrich their countries by exporting more than they imported practiced the economic policy known as?
mercantalism
European monarchs who wanted to enrich their countries by exporting more then they imported practiced the economic policy known as?
Mercantilism was the economic policy European monarchs used in order to enrich their country via exporting more than importing in the trade's market. During mercantilism's peak it was a very effective tool for the monarchs at that time in causing the enrichment.
European imperialists wanted?
European imperialists sought to establish spheres of influence and outright annexation of under developed nations and peoples. They saw the opportunity to enrich themselves at the expense of peoples that they dominated.
What is the name of the economic theory that colonies exist solely to enrich the mother country?
Imperialism.
What are the application of lines and angles?
They allow you to measure plane shapes. This was particularly useful in olden days when land owners were taxed according to how much land they owned so that the rulers could enrich themselves. In later years they were used for cartography which allowed [mainly] European nations to colonise various parts of the world and enrich themselves. Nowadays, they are used for designing products with precision so that manufacturers can ... you guessed ... enrich themselves.
The economic theory that colonies exist solely to enrich the mother country is called?
http://wiki.answers.com/Q/The_economic_theory_that_colonies_exist_solely_to_enrich_the_mother_country_is_called"
Which part of speech is enrich?
Enrich is a verb. 'The study of literature will enrich your life.' 'Eggs were added to enrich the sauce.'
What is a sentence using enrich?
I am reading this dictionary so as to enrich my vocabulary.
When was David Enrich born?
David Enrich was born in 1979.
When was Ramon Enrich born?
Ramon Enrich was born in 1968.
How do you use enrich in a sentence?
To enrich the bread, add grains to it.
