Mid-18th century by malachy postlewayt question: what consequences did the policy of mercantilism have for british colonies in north america?



Answer :

Mid-18th century by Malachy Postlewait consequences did the policy of mercantilism on British colonies in north AmericaThey were likely to reject the idea of private land ownership.

Mercantilism is a monetary practice with the aid of which governments used their economies to enhance nation power at the rate of other countries. Governments sought to make sure that exports surpassed imports and to build up wealth in the shape of bullion (generally gold and silver)

Mercantilism is an economic concept that emphasizes self-sufficiency thru a good balance of exchange. Mercantilist regulations awareness on the buildup of wealth and resources even as maintaining a tremendous trade balance with different international locations

The principal concept of Mercantilism is an monetary practice with the aid of which governments used their economies to enhance nation power at the rate of other countries. Governments sought to make sure that exports surpassed imports and to build up wealth in the shape of bullion (generally gold and silver.

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