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What is is the difference between Mercantilism and capitalism?
the major difference between the two is mercantalism is based around the government and capitalism around the individual. Mercantalism depends on a trading market of exporting more than importing to increase the gold and silver of a country. Capitalism has supply and demand.
European monarchs who wanted to enrich their countries by exporting more than they imported practiced the economic policy known as?
mercantalism
What is a basic feature of the free-market system?
A basic feature of the free market system is that consumers make their own economic choices
Which is a feature of mercantilism?
A feature of mercantilism is full government control of the national economy. This theory believes that this is the only way of achieving a healthy economy.
What is the most distinctive feature of capitalism?
growth
Why did Great Britain follow the theory of mercantalism?
it is made
What is is the difference between Mercantilism and capitalism?
the major difference between the two is mercantalism is based around the government and capitalism around the individual. Mercantalism depends on a trading market of exporting more than importing to increase the gold and silver of a country. Capitalism has supply and demand.
What was the name of the set of principles that dominated economic thought in the seventeenth century?
mercantilism
European monarchs who wanted to enrich their countries by exporting more than they imported practiced the economic policy known as?
mercantalism
Which statement best illustrates the concept of European mercantalism during the age of exploration?
Portugal sought trade benefits from it's colonial possessions.
Why didn't the french colonies flourish and boom look the English colonies did back then?
It is because of something called mercantalism. Mercantalism was where raw materials were sold to the mother country rather cheaply. The mother country would manufacture goods from this material and sell it back to the colonies at a greater price than the cost of the material bought. Although, this also occurred with British colonies.
What were Jean-Baptiste Colbert policies?
Lamarck hypothesized that organisms evolved through the inhertitance of acquired charactaristics.
Ways that England tried to keep control over its colonies?
Parliament mercantalism navigation acts glorius revolution balance of trade domination of new England
What is the trading post in dragons of atlantis on facebook?
The trading post is where you sell excess goods or buy goods you need. You need to complete the Resource for Mercantalism first... I think to Level 2 or Level 3.
Are Headrest safety feature or comfort feature?
It is a safety feature that prevents whiplash
Who started mercantilism?
jean baptiste colbert was not the founder of Mercantilism, but he applied the economic theory to France under Louis 14th. Because Colbert adopted the theory, it became dominate through out Europe, making Colbert the father of Mercantalism. BUT do not forget he was not the founder of it!
Which is a feature of the CPU?
Which is a feature of the CPU
