the amount of gold, silver, and tradable manufactured goods it controlled
the amount of gold, silver, and tradable manufactured goods it controlled
the amount of gold, silver, and tradable manufactured goods it controlled.
Mercantilism involved strict governmental control over the colonies to maintain the largest margin of wealth possible. Such control required strong centralized governments rather than the small scattered kingdoms that had existed during the feudal era. As smaller kingdoms merged together to form nations under one ruler, they were better able to compete in the mercantilist system
Under the economic policy of mercantilism the thing that the colonies did not have to do was Manufacture the same items that were produced to England ------> Is MpK
the amount of gold, silver, and tradable manufactured goods it controlled
the amount of gold, silver, and tradable manufactured goods it controlled
the amount of gold, silver, and tradable manufactured goods it controlled
the amount of gold, silver, and tradable manufactured goods it controlled.
the amount of gold, silver, and tradable manufactured goods it controlled
the amount of gold, silver, and tradable manufactured goods it controlled
European nations wanted to control more land as a way to become more economically powerful. The hope was to acquire colonies to control their natural resources and make the nation extremely wealthy.
Mercantilism involved strict governmental control over the colonies to maintain the largest margin of wealth possible. Such control required strong centralized governments rather than the small scattered kingdoms that had existed during the feudal era. As smaller kingdoms merged together to form nations under one ruler, they were better able to compete in the mercantilist system
Under the economic policy of mercantilism the thing that the colonies did not have to do was Manufacture the same items that were produced to England ------> Is MpK
Under the idea of mercantilism, a country will be economically successful if it has more exports than imports.
Restricting imports
Mercantilism provided the economic framework for exploration and colonization by encouraging the acquisition of wealth and resources to strengthen the home country. In New France, exploration and colonization were driven by mercantilist principles, as the French sought to establish trading posts, extract natural resources, and expand their empire to increase their wealth and power. The fur trade with indigenous peoples played a significant role in the economic success of New France under the mercantilist system.