an economic system developing during the decay of feudalism to unify and increase the power and especially the monetary wealth of a nation by a strict governmental regulation of the entire national economy usually through policies designed to secure an accumulation of bullion, a favorable balance of trade, the development of agriculture and manufactures, and the establishment of foreign trading monopolies
what do you mean history ?? what do you mean history ??
what does history mean
Europe, America, and Asia.
Age of mercantilism
Mercantilism significantly shaped world history by promoting state intervention in the economy and fostering the accumulation of wealth through trade surplus and colonial expansion. It led to the establishment of European colonies, as nations sought to control resources and markets, which in turn intensified global trade networks. This economic doctrine contributed to conflicts between colonial powers and laid the groundwork for modern capitalism, influencing policies and relationships that persist to this day. Additionally, it spurred the development of naval power and exploration, reshaping geopolitical dynamics.
please answer the 3 History 001 question, thank you!
Well the governors were mean and didnt want to eat their children
Well the governors were mean and didnt want to eat their children
Well the governors were mean and didnt want to eat their children
They hated the mercantilism
mercantilism was eventually replaced by capitalism
MercantilismThe answer is Mercantilism
Capitalism is an economic system. Mercantilism is trading.
what do you mean history ?? what do you mean history ??
One aspect of mercantilism is building a network of colonies overseas.
Mercantilism still rules the financial press.
One aspect of mercantilism is building a network of colonies overseas.