0
After mercantilism, Europe later became dominated my what is termed a social market economy. With the advent of the EU and pressure from the u.s. and Asian power rising, this system is being tempered (says the optimist) or dismantled (says the cynic) by free-market capitalism. This is most evident in France where large-scale reforms in social security schemes are underway in an effort to maintain economic solubility.
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
How are the ideas of mercantilism reflected in your economy today?
ow are the ideas of mercantilism relflected in our economy today
How did mercantilism represent a form of government intervention in the economy?
Did mercantilism accept the intervention of government
Which is a feature of mercantilism?
A feature of mercantilism is full government control of the national economy. This theory believes that this is the only way of achieving a healthy economy.
How is mercantilism different than a market economy?
becausIn mercantilism, the government decides pricing instead of the consumer.e it is
Difference between laissez- faire and mercantilism?
laissez-faire has no control by the government, while mercantilism is an economy controlled by the government
How are the ideas of mercantilism reflected in your economy today?
ow are the ideas of mercantilism relflected in our economy today
How did mercantilism represent a form of government intervention in the economy?
Did mercantilism accept the intervention of government
Which is a feature of mercantilism?
A feature of mercantilism is full government control of the national economy. This theory believes that this is the only way of achieving a healthy economy.
How is mercantilism different than a market economy?
becausIn mercantilism, the government decides pricing instead of the consumer.e it is
The belief that colonies exist to benefit the economy of the mother country is known as?
Mercantilism. Held in the early days of settelment of the americas.
What is the belief that the colonies exist to benefit the economy known as?
mercantilism
Difference between laissez- faire and mercantilism?
laissez-faire has no control by the government, while mercantilism is an economy controlled by the government
Why was mercantilism important?
Mercantilism is important to the growth of the economy. It helps to trade and supply goods and makes services easier. Mercantilism became dominant in Europe in the year 16th to 18th century.
Similarites between capitalism and mercantilism?
Mercantilism and Capitalism both have to do with the economy and making money. and they both have people getting benefits from them the entrepenuers and the monarchs
What economy that is based on selling as much as a country can and buying little in return?
Mercantilism
How did exploration and colonialism lead to the growth of capitalism market economy and mercantilism?
When the people went to explore, they found spices, plants, animals, and food. So these items led to producing a market economy, supply and demand, capitalism, and mercantilism.
What caused the growth of mercantilism?
Mercantilism was an economy theory that posited that the wealthiest nation, particularly in terms of precious metals, would be the most powerful. The demand of the precious metals by the developed countries was one of the causes of mercantilism.
