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The English mercantile system is often inaccurately portrayed as solely focused on maximizing national wealth through strict control of trade and colonies. While it did prioritize the accumulation of gold and silver and favored a favorable balance of trade, it also facilitated some degree of free trade among colonies and fostered economic interdependence. Additionally, the system was not universally beneficial to all English merchants, as it often privileged certain groups and regions over others, leading to economic disparities.
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What statement about English mercantile system is false?
A false statement about the English mercantile system is that it promoted free trade and open competition among colonies. In reality, the mercantile system was designed to benefit England by restricting colonial trade to only English ships and requiring colonies to supply raw materials to the mother country while purchasing finished goods exclusively from England. This system aimed to create a favorable balance of trade for England, limiting economic independence for the colonies.
True or false The independent variable is the variable that is changed in an experiment?
false
What is the difference of english system to metric system?
The english system is the metric system. There is no difference.
There is a system of linear equations with exactly two solutions is it true or false?
False. There can either be zero, one, or infinite solutions to a system of two linear equations.
Ancient Egyptians did not have a number system?
False Apex
Which of these statements about the English mercantile system is false?
the system of mercantilism was an extension of the policy of salutary neglect...
What statement about English mercantile system is false?
A false statement about the English mercantile system is that it promoted free trade and open competition among colonies. In reality, the mercantile system was designed to benefit England by restricting colonial trade to only English ships and requiring colonies to supply raw materials to the mother country while purchasing finished goods exclusively from England. This system aimed to create a favorable balance of trade for England, limiting economic independence for the colonies.
The mercantile system would be considered a laissez-faire type of economy?
false aPLUS
The mercantile system would be considered a laissez- faire type of economy?
false aPLUS
Mercantile system would be considered a laissez faire economy?
false nyshia clark :)
The mercantile system would be considered a laissez-faire type of economy.?
false aPLUS
The system was the method that England used to regulate trade?
mercantile
What was the impact of the mercantile system in the Netherlands?
The impact of the Mercantile system in the Netherlands was creation of monopolies.
How do mercantile exchanges work?
How did the British mercantile system work?
What is the mercantile system?
The mercantile system was a system in which a country's main goal was to procure as much money as possible and often exploit her colonies to achieve this end.
Who was not an element of a mercantile system?
Astronomer.
What French economist is most associated with the mercantile economic system?
The French economist most associated with the mercantile economic system was Colbert.
