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What best defines mercantilism?
Mercantilism is the theory and system of political economy prevailing in Europe after the decline of feudalism, based on national policies of accumulating bullion, establishing colonies and a merchant marine, and developing industry and mining to attain a favorable balance of trade.
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Asked 3/15/2012 1:57:02 PM
Updated 7/22/2014 12:17:06 PM
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Mercantilism is the theory and system of political economy prevailing in Europe after the decline of feudalism, based on national policies of accumulating bullion, establishing colonies and a merchant marine, and developing industry and mining to attain a favorable balance of trade.
Added 7/22/2014 12:17:06 PM
This answer has been confirmed as correct and helpful.
Confirmed by sujaysen [7/22/2014 1:17:10 PM]
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The Toleration Act of 1649 stated that the colonists must pay the Indians for the lands taken from them. True False
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Added 6/23/2015 4:20:56 PM
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Who sold land to the Quakers in New Jersey?
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