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Mercantilism was the economic policy European monarchs used in order to enrich their country via exporting more than importing in the trade's market. During mercantilism's peak it was a very effective tool for the monarchs at that time in causing the enrichment.
Age of mercantilism
Types of money used in different countries include: dollars, pesos, lira, pounds, euro
jean baptiste colbert was not the founder of Mercantilism, but he applied the economic theory to France under Louis 14th. Because Colbert adopted the theory, it became dominate through out Europe, making Colbert the father of Mercantalism. BUT do not forget he was not the founder of it!
Triangular trade work by the colony goes over to one of the mother countries and take raw materials then ship it back to the colony then they make the raw materials into something then ship it back to that mother country and sell it for a higher price this is called mercantilism answered by: 7th grader