Exports, Imports.
Piracy posed a significant threat to the mercantilist system by disrupting trade routes and undermining the accumulation of wealth that was central to mercantilist policies. It hindered the flow of precious metals and goods between colonies and the mother country, leading to financial losses for both merchants and governments. Additionally, the fear of piracy could deter investment in maritime ventures and trade, ultimately destabilizing the economic framework that relied on controlled and profitable colonial commerce.
The mercantilist system was when the English (and other countries) were expanding and looking for more income or revenue, and founding colonies was a very key way to do that.
the country's navy uses only imported wood and steel to build its ships
Having a monarchy has no effect on the economic system of that country. Monarchies have presided over traditional economic states, mercantilist states, capitalist states, welfare-socialist states, etc.
Exports, Imports.
Do you have Mr. Ventura as a teacher
Colonies were central to the mercantilist system because they provided raw materials and resources that the mother country needed to fuel its economy and manufacturing. By monopolizing trade with these colonies, the mother country could ensure a favorable balance of trade, exporting more than it imported. Additionally, colonies served as exclusive markets for the mother country's goods, reinforcing economic dependence and control. This system ultimately aimed to enhance national wealth and power through tight regulation of trade and resources.
the country's navy uses only imported wood and steel to build its ships
The mercantilist system was when the English (and other countries) were expanding and looking for more income or revenue, and founding colonies was a very key way to do that.
the country's navy uses only imported wood and steel to build its ships
(Apex) The country's navy uses imported wood and steel to build its ships.
Having a monarchy has no effect on the economic system of that country. Monarchies have presided over traditional economic states, mercantilist states, capitalist states, welfare-socialist states, etc.
Indonesia
It should dicentralised the educational system
Indonesia
Indonesia