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The Northern Renaissance was the Renaissance that occurred in Europe north of the Alps. Before 1497, Italian Renaissance humanism had little influence outside Italy. From the late 15th century, its ideas spread around Europe.
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They devised a new economic policy to ensure the profitability of the colonies as Europeans expanded their market reach into the colonial sphere. European perceptions of wealth from the 1500s to the late 1700s were shaped by the philosophy of mercantilism. Mercantilism held that there was only a limited amount of wealth in the world, as measured in gold and silver bullions. Nations had to amass wealth in order to gain power by mining these precious raw materials from their colonial possessions. Mercantilists did not believe in free trade, arguing instead that to create wealth and improve state power, the nation should control trade. Colonies existed to strengthen the colonizing nation in this view.
Answer:Italy is located in the centre of the Mediterranean Sea, in Southern Europe;[17][18][19] it is also considered part of Western Europe.[20][21] A unitary parliamentary republic with Rome as its capital and largest city, the country covers a total area of 301,230 km2 (116,310 sq mi) and shares land borders with France, Switzerland, Austria, Slovenia, as well as the enclaved microstates of Vatican City and San Marino. Italy has a territorial exclave in Switzerland (Campione) and a maritime exclave in Tunisian waters (Lampedusa). With around 60 million inhabitants, Italy is the third-most populous member state of the European Union.
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