A state's power depended on its wealth.
1733
Mercantilism
the system of mercantilism was an extension of the policy of salutary neglect...
Yes, mercantilism was a protective trade policy widely practiced by Britain and other European nations from the 16th to the 18th centuries. It aimed to increase national wealth by maximizing exports and minimizing imports, often through government intervention and regulations. This policy included establishing colonies to provide raw materials and markets for British goods, thereby protecting domestic industries and enhancing the nation's economic power. Ultimately, mercantilism was designed to benefit the mother country at the expense of its colonies and rivals.
The English economic policy toward the colonies was called mercantilism. Mercantilism basically states that the colonies exist for the good of the mother country and have no rights except what the mother country grants. This policy was not workable because of the great distance between England and the New World. The great distance forced the colonists to create their own government, and create their own rights, legal system, etc.
The mercantilism policy
Not one hundred percent sure, but the policy of mercantilism was that Africans were a better and cheaper labor source.
Not one hundred percent sure, but the policy of mercantilism was that Africans were a better and cheaper labor source.
Restricting imports
Not one hundred percent sure, but the policy of mercantilism was that Africans were a better and cheaper labor source.
Trades and goods for the location of the policy and for the Mercantilism
mercantilism actually help global trade
Mercantilism
Trades and goods for the location of the policy and for the Mercantilism
the British Government
shalkaja
Restricting imports