1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hjlf
3 years ago
10

Under the economic system of mercantilism the merchant class paid taxes to support the armies of their nations. What value did t

he government of these nations provide as a result?
History
1 answer:
N76 [4]3 years ago
8 0

Under mercantilism, governments enacted policies in favor of the merchants.

Scottish philosopher Adam Smith coined the term "mercantilism." He criticized what he called the "mercantile system" (or 'merchants' system,' we might say), because it restricted trade and thus restricted economic growth.  The mercantile system believed the wealth of the world was a fixed amount, measured primarily in gold and silver accumulated.  The system promoted a nation selling its products abroad but not needing to buy from others, or imposing heavy tariffs if importing anything.  Commerce was heavily controlled by the government through charters granted to specific trading companies. That's the way that governments enacted policies in favor of the merchant class that supported the country's armies.

Smith countered by advocating a free market -- the opportunity for all nations to increase their wealth by exchanging goods freely with one another according to what would become known as capitalist principles.

You might be interested in
What was the long-term result of the defeat of Darius by the Greeks?
umka2103 [35]

Answer:

the defeat at the marathon marked the end of the first persian invasion of greece.

Explanation:

7 0
2 years ago
¿Cual fue el motivo de haber erigido o fundado Bonampak
timurjin [86]

Answer:

evet hayar yes no longerthan

4 0
2 years ago
How did US leaders think people would respond to a military draft during World War I?
Shkiper50 [21]

Answer:

Your answer would be A

Explanation:

Women and disabled men would be the ones to opposed of this idea. because if you have disabled men drafted to the military your gonna have some conformation

If this helped please mark me brainliest

3 0
3 years ago
which statement accurately describes one of the important events that led to the unification of Germany
uranmaximum [27]

Answer:

Prussian Chancellor Otto von Bismarck intentionally started a war with Austria and won.

5 0
3 years ago
The Russian Empire was multi-ethnic with populations of which of the following? Slavic peoples Muslim Serbs Turkic Muslims Non-S
dangina [55]
Slavic and muslim for sure.
7 0
2 years ago
Read 2 more answers
Other questions:
  • It is not uncommon for an executive agreement to be made
    5·1 answer
  • What group currently makes up the largest portion of immigrants in the united states?
    6·1 answer
  • What is the rule that Shang China family
    14·1 answer
  • If current trends continue, what will happen to the Himalayan Mountains in the next million years?
    14·1 answer
  • How does climate relate to the carpet industry in georgia
    14·1 answer
  • 1. Why are the Olmecs often called Mesoamerica’s “mother culture”?
    8·1 answer
  • The first part of the second missionary journey was to visit the churches in Asia Minor to_______them.
    15·1 answer
  • Which of the following correctly describe the goals of NAFTA and GATT? Check all of the boxes that apply.
    10·1 answer
  • After World War II, the United States occupied Japan, joined the North Atlantic Treaty Organization (NATO), and helped organize
    13·1 answer
  • What is the sugar revolution
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!