Mercantilism primarily enriched European nation-states and their ruling elites during the 16th to 18th centuries. This economic policy emphasized the accumulation of wealth through trade surplus, colonial expansion, and the establishment of monopolies. Countries like Spain, England, and France benefited significantly, as they exploited colonies for resources and markets. Additionally, merchants and industrialists within these nations often gained substantial wealth and influence due to government support for their enterprises.
Type your answer here... What criticism did Adam Smith make against mercantilism?
They hated the mercantilism
mercantilism was eventually replaced by capitalism
Capitalism is an economic system. Mercantilism is trading.
MercantilismThe answer is Mercantilism
mercantilism
mercantilism
Through the English economic system of mercantilism - colonies providing the mother country with wealth.
Type your answer here... What criticism did Adam Smith make against mercantilism?
They hated the mercantilism
mercantilism was eventually replaced by capitalism
Make Me Rich was created in 2009.
Capitalism is an economic system. Mercantilism is trading.
MercantilismThe answer is Mercantilism
One aspect of mercantilism is building a network of colonies overseas.
Mercantilism still rules the financial press.
One aspect of mercantilism is building a network of colonies overseas.