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Mercantilism developed in Europe around the late 16th to 18th centuries

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Colony of a country that followed mercantilism during the 17th century would NOT be encouraged to develop?

It's own form of goverment.


A colony of a country that followed mercantilism during the 17th century would NOT be encouraged to develop?

It's own form of goverment.


How did the physiocrats feel about mercantilism?

They hated the mercantilism


Where and when did the theory of mercantilism develop?

The theory of mercantilism developed in Europe during the 16th to 18th centuries. It was most prominent in countries like England, Spain, and France during the Age of Exploration and colonial expansion. Mercantilism emphasized the importance of accumulating wealth through a favorable balance of trade, maintaining a large supply of gold and silver, and promoting exports while limiting imports.


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


Which of the following statements would not be true of the colony of a country that followed mercantilism during the 17Th century?

The colony would be encouraged to develop it's own form of self-government.


What was an aspect of mercantilism?

One aspect of mercantilism is building a network of colonies overseas.


What is a sentence using the word mercantilism?

Mercantilism still rules the financial press.


What was aspect of mercantilism?

One aspect of mercantilism is building a network of colonies overseas.


Was mercantilism an early phase of capitalism?

That is true, mercantilism was an early phase of capitalism.