Question

Mercantilism

Accepted Answer

Economic policy common to many absolute monarchies. Government control of foreign trade is of paramount importance for ensuring the military security of the country. In particular, it demands a positive balance of trade and desires new sources of gold and silver bullion, thus fueling more colonialism.

Front	Mercantilism
Back	Economic policy common to many absolute monarchies. Government control of foreign trade is of paramount importance for ensuring the military security of the country. In particular, it demands a positive balance of trade and desires new sources of gold and silver bullion, thus fueling more colonialism.

Trade Mercantilism Economic Policy Common Absolute Monarchies Government