Mercantilism

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The cause of mercantilism growth was because the Europeans were tired of paying much from spices from Italy. They want to get the spices themselves from Asia.

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the role was to provide great opportunity for merchants to make money because a nations getting gold and silver and by developing trade

creation of a favorable balance of trade

One aspect of mercantilism is building a network of colonies overseas.

Restricting imports

The role that mercantilism played was that the Europeans wanted to be more wealth so they sent people to explore a new lands to make crops and objects that they can sell for more money. The European countries at the time wanted to become wealthier in order to have more power. They wanted to export more and import less. A nation does not have all the resources so many nations set out to find new lands. Many nations created colonies such as England. They began to enforce laws so that the colonies sent the country the raw material, they would manufacture then sell it. This would increase a nation's power.

it was a way to get money for the brithish

NO. Generally speaking, the restrictions on trade imposed on the colonies because of mercantilism led to an extraction of wealth from the colonies and a sending of that wealth to the metropole. Accordingly, the economy of many colonial regions was supplemented quite substantially by smuggling or illegal trading with other more-proximate colonial regions and foreign powers that could provide goods with less of a possibility of wealth extraction.

Mercantilism (although not so called at the time) was practised by all countries. Because all international trade was conducted with precious metals, governments wanted to ensure that their supply of precious metals was increasing rather than decreasing, and to accomplish that, they used tariffs on imported goods, and various other methods to try and ensure they exported more than they imported.

The downfall of Mercantilism Theory was the acceptance of Adam Smith's 'Wealth of Nations' as the foundation of modern economics. Smith believed Mercantilism formed a negative consumer environment, based on collusion between industry and government. He felt that if free trade were implemented, it benefited all parties. The publication of 'Wealth of Nations' ended the period of Mercantilism.

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mercantilism affected the 13 colonies because it was the type of government the 13 colonies used

Britain used Mercantilism to create a very favorable balance of trade for themselves. Parliament used the policy of Mercantilism to exclusively benefit Britain above anyone else. The colonies were to sell raw materials to Britain, where they would then be manufactured into products to be sold in Europe, and back in the colonies. The arrangement banned the colonists from competing with manufacturing.

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.

Mercantilism was used in the 16th to the 18th century in Europe and it was an economic theory practice. Through this, many traders assure that they can market their goods in England, and in the industry of New England, there was a law contributed to booming shipbuilding.

The mercantilism system was an economic system prevalent in the 17th and 18th centuries. It relied on the European countries deriving wealth from their colonies.

Mercantilism is the national economic policy which aims to accumulate monetary reserves by following a balance of trade that is positive especially in that of finished goods. However a corporation is a separate legal entity incorporated through legislation or registration process and is legally established. Stock market trading is trading of stocks by the aggregation of buyers and sellers. Stocks includes securities that are listed in the stock exchange.

held that a country's power depended mainly on its wealth. As a result, the goal of every nation became the attainment of as much wealth as possible

to provide raw materials for the mother country

Mercantilism is, in basic terms, trade within an empire, meaning no importing or exporting from foreign providers. The goal of such a system would be self-growth of the traders/companies within the empire.

Massachusettes was almost exclusively merchant driven. Trade goods and port cities were everywhere and it was a major hub between incoming and outgoing ships between the colonies and England.

Mercantilism was the economic philosophy underlying early European colonial policy. The object of mercantilism was to increase the wealth of the Mother Country (England) in gold and silver. To accomplish that goal, a favorable balance of trade was desired. That means that a nation would sell more than it would purchase, thus creating a surplus in the treasury. The name of the philosophy points out the importance of merchants in this policy. Merchants would sell products to foreign nations and purchased items to be sold within the nation. Theorists using this model tended to view the market as a pie that was up for grabs. Wealth was always gained at the expense of other nations. For some, the ideal was to become self-sufficient. The nation would produce everything its people needed and buy nothing from foreign nations -- thus the idea of the trade deficit. Since the ideal could not be accomplished in the real world of economics, the object of mercantilism was to minimize imports that cost money and maximize exports and the trade that brought money in to the nation.