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What is the mercantile system?
The mercantile system was a system in which a country's main goal was to procure as much money as possible and often exploit her colonies to achieve this end.
Under which system did England use the American colonies to supply its need for resources?
The Mercantile System used American colonies to supply England's needs for resources.
The mercantile system began to fail because .?
all correct
Which of these statements about the English mercantile system is false?
the system of mercantilism was an extension of the policy of salutary neglect...
What type of policy did Britain have on the Americas?
Britain was said to have a salutary neglect policy. This means that Britain paid little or no attention to the colonies. Mercantile companies from Britain were the ones paying attention and making profit from the colonies. Britain provided no services to the colonists.
The system was the method that England used to regulate trade?
mercantile
What does it mean to say that the colonies should not complete with England under the mercantile system?
Basically, it means that at the time, the British navy protected or shepherded the mercantile fleet between Britain and the colonies.
What was the impact of the mercantile system in the Netherlands?
The impact of the Mercantile system in the Netherlands was creation of monopolies.
How do mercantile exchanges work?
How did the British mercantile system work?
What is the mercantile system?
The mercantile system was a system in which a country's main goal was to procure as much money as possible and often exploit her colonies to achieve this end.
Who was not an element of a mercantile system?
Astronomer.
Why did the colonists oppose Britain's mercantile policies mercantilism?
It restricted their trade.
What French economist is most associated with the mercantile economic system?
The French economist most associated with the mercantile economic system was Colbert.
Under which system did England use the American colonies to supply its need for resources?
The Mercantile System used American colonies to supply England's needs for resources.
Which of these descriptions does not apply to the economy of eigh teenth century England?
The mercantile system was still strongA+
The mercantile system began to fail because .?
all correct
Is raw materials an element of a mercantile system?
Yes, raw materials are a key element of a mercantile system. In such a system, the focus is on accumulating wealth through trade, and raw materials serve as essential resources for production and export. By controlling the supply of raw materials, mercantile powers can enhance their economic strength and influence in global trade. Thus, raw materials play a crucial role in the mercantile approach to economic management.
