Mercantilism
mercantalism
Mercantilism, which prioritized state control over economic resources and trade to enhance national power, often had detrimental effects on Europe's colonies. While it aimed to enrich the colonial powers through strict trade regulations and resource extraction, it frequently stifled local economies and limited the colonies' economic development. Colonists were typically forced to trade only with the mother country, leading to dependency and exploitation. Overall, while it benefited European nations, it was largely detrimental to the colonies themselves.
for a person to enrich himself
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.
Was to enrich the nation by fostering a favorable balance of trade.
colonies helped nations do this by providing gold and silver mines, producing goods that could be traded for gold and silver
mercantalism
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 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.
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.
Imperialism.
Nations explored in search of new trade routes to access valuable resources, expand their influence and power, and establish colonies to enrich their economies through raw materials, goods, and markets. Additionally, exploration was driven by competition between nations for land, resources, and strategic advantages in global geopolitics.
http://wiki.answers.com/Q/The_economic_theory_that_colonies_exist_solely_to_enrich_the_mother_country_is_called"
Mercantilism, which prioritized state control over economic resources and trade to enhance national power, often had detrimental effects on Europe's colonies. While it aimed to enrich the colonial powers through strict trade regulations and resource extraction, it frequently stifled local economies and limited the colonies' economic development. Colonists were typically forced to trade only with the mother country, leading to dependency and exploitation. Overall, while it benefited European nations, it was largely detrimental to the colonies themselves.
Enrich is a verb. 'The study of literature will enrich your life.' 'Eggs were added to enrich the sauce.'
I am reading this dictionary so as to enrich my vocabulary.
The prefix of "enrich" is "en-".