Mercantilism

Economics :)

the amount of precious metals that could be had

A large supply of bullion

yes it was important

capitalism :)

Exports, Imports.

The theory of mercantilism held that a country's power depended mainly on its wealth. Wealth after all, allowed nations to build strong navies and purchase important goods. As a result to the policy of mercantilism the goal of every nation became the attainment of as much wealth as possible. Saying this they can increase their wealth by balance of trade and the economic revolution changes european society

source- Honors World Civ book

(Apex) Both systems greatly increased Europeans' total wealth.

khk

Imperialism describes a type of power relation when one politically entity is subordinate to another. Imperialism can take many forms since there are different ways to make countries subservient to other countries (e.g.) military forces; money).

Mercantilism is an economic system in which the purpose of economic development and trade is only to benefit the home country. Mercantilists believed trade to be a zero-sum game (i.e.) if someone is getting trade, someone must be losing it) and that the most important resource to hold was gold (and they encouraged getting as much of it as possible).

Mercantilism and imperialism overlapped each other during the first wave of European imperialism in the Americas. European powers developed colonies to extract resources and create markets to export goods to.

Under capitalism, merchants were able to conduct unrestricted international trade. Under mercantilism, international trade was restricted.

Both systems greatly increased European's total wealth.

Hope this helped!

cash crops and raw materials

England controlled trade and the North American colonies provided England with raw materials.

American colonists thought British taxes were unfair.

because. They farted

Mercantilism is a theory that a nation's economic strength came from protecting and increasing its home economy by keeping strict control over its colonial trade.

I guess examples can be:

England's finished products. England made the colonies trade with England only.

she did not fell good

Type your answer here... What criticism did Adam Smith make against mercantilism?

pros and cons about mercantilist and physiocrats

British mercantilist policy, which aimed to maximize exports and minimize imports to accumulate wealth, led to significant economic growth for Britain during the 17th and 18th centuries. It fostered the establishment of a vast colonial empire, providing raw materials and markets for British goods. However, this policy also created tensions with the colonies, contributing to resentment and ultimately the American Revolution. Additionally, it often resulted in trade imbalances and conflicts with other nations, particularly in the context of colonial competition.

because is placed quotas on immigration