It literally devastated European economy so bad, that they threw out bags of money because it had no worth.
They exported teas<span>, </span>salt<span>, </span>sugar<span>, </span>porcelain<span>, and </span><span>spices
They imported </span>cotton<span>, </span>ivory<span>, </span>wool<span>, </span>gold<span>, and </span><span>silver</span>
The first principal of Mercantilism was that all the money and wealth in the world were relatively static. The second principal of Mercantilism was that a country's wealth could be based on their fossil fuels, and resources. The third principal of Mercantilism was the striving belief that exports needed to be higher than imports.
Answer:
King turns his attention to his listeners' emotions as he quotes passages from the Bible, “My Country Tis of Thee,” and a stirring Negro spiritual. It's the elegant balance between these two elements–the intellectual and the emotional; the head and the heart–that makes his speech so compelling and satisfying
