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A colony of a country that followed mercantilism during the 17th century would NOT be encouraged to develop?
It's own form of goverment.
Why was mercantilism important?
Mercantilism is important to the growth of the economy. It helps to trade and supply goods and makes services easier. Mercantilism became dominant in Europe in the year 16th to 18th century.
Which is the economic system that equates a nations wealth with amount of its gold and silver?
Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.
Which action is most consistent with the practices of seventeenth century mercantilism?
the answer is C if you are on castle learning
What is the economic theory of mercantilism?
Mercantilism is an economic theory used by Europe in the late 16th to 18th century that introduced government regulations. It is said to be a brainchild of Adam Smith's book, The Wealth of Nations.
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.
What is the name of the set of principles that dominated economic thought in the seventeenth century?
Mercantilism
What year was mercantilism started?
Mercantilism was the dominant school of thought in Europe throughout the late Renaissance and early modern period (from the 15th-18th century).
Why was mercantilism important?
Mercantilism is important to the growth of the economy. It helps to trade and supply goods and makes services easier. Mercantilism became dominant in Europe in the year 16th to 18th century.
In what centuries did mercantilism exist in Europe?
Mercantilism existed during the16th century. It means that riches is the basic power or it is the basis of a power of one's country
The seventeenth century theory which viewed colonies primarily as sources of raw material is?
Mercantilism is the economic system where colonies provided raw materials to England.
Which is the economic system that equates a nations wealth with amount of its gold and silver?
Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.
Which of the following statements explains why many 19th-century utopian societies tended to fail?
Many citizens were unwilling to give up their privately owned possessions.
Which action is most consistent with the practices of seventeenth century mercantilism?
the answer is C if you are on castle learning
What was dominant economic philosophy in western Europe during the seventeenth century?
mercantilism
Which of the following statements best describes the political situation in Africa in the last half of the 20th century?
Many African countries became independent of European colonial rule.
