Instruction
(This are two separate assignments. Part1 has to be a paragraph at least to explain your idea enough. But Part2 can be shorter that the part1; because you’re replying on other’s thoughts. Doesn’t have to be long, but should clearly answer the questions.)(You don’t need to use sources if it’s not necessary)
Part 1.
Did the ideas and policies of Mercantilism help or hinder economic growth in Europe in the early modern period?
Part 2
These are what other people wrote for Part1 topic. Please choose at least 2 from these and reply on each of them (please show which posts you chose)– so you’re replying on
de them. The colonies were being regulated and told what to do which led to smuggling and stealing among them. The colonies were being overly restricted and had little wealth to show for it while the home country was acquiring all thsi wealth for themselves. All the home country had to do was make laws and enforce taxes. Yes, this system though led to wars which made nations think they needed more wealth and traded more but it was abusing a great portion of the population. Trade was increasing but it was so limited because no one wanted to import and there were established trades. The growth was hindered by this limited trade.
Reply Quote Mark as Read
create a self sufficient nation state, and create greater profits through exports. As the name says, mercantilism served the interests of merchants, and the British East India Company, which was an entity whos activities were protected by the state.
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