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Peter the Great employed mercantilism to strengthen Russia's economy and military power by promoting state control over trade and industry. He established state monopolies on key goods, such as salt and iron, and encouraged the development of domestic industries to reduce reliance on foreign imports. By implementing tariffs and fostering trade with Western countries, he aimed to enhance Russia's economic independence and boost its status as a formidable European power. This approach laid the foundation for Russia's modernization during his reign.

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Peter the Great sought to modernize Russia by adopting elements of European mercantilism, which emphasized state control over the economy and the accumulation of wealth through trade. He established a strong centralized government to regulate commerce and promote industry, fostering the development of Russian manufacturing and shipbuilding. By implementing protective tariffs and establishing state monopolies on key goods, he aimed to reduce reliance on foreign imports and strengthen Russia's economic position in Europe. Through these measures, Peter the Great laid the groundwork for Russia's emergence as a significant power in the global economy.


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