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
dexar [7]
3 years ago
6

How did the economic philosophy of mercantilism slow economic growth before the Industrial Revolution?

History
2 answers:
sergeinik [125]3 years ago
3 0
It prevented merchants from freely trading goods in foreign markets. apex//
slava [35]3 years ago
3 0

Answer:

The economic philosophy of mercantilism decelerated economic growth, prior to the Industrial Revolution, by adopting prohibitive measures of trade with foreign markets.

Explanation:

Mercantilism is the name given to a set of economic practices developed in Europe in the Modern Age, between the fifteenth century and the end of the eighteenth century. Mercantilism originated a set of diverse economic measures according to the States. It was characterized by a strong state intervention in the economy. It consisted of a series of measures aimed at unifying the internal market and aimed at the formation of strong national states.

The mercantilist economic philosophy led the sovereigns to make concessions to the entrepreneurs. In this sense, they intensified the creation of new manufactures, they defended the national fabrications, thus stipulating rates and measures prohibitive to the free trade of foreign products. They also took care of the favorable trade balance and developed companies focused on colonial exploration.

You might be interested in
Why did the US suffer a loss of confidence following the launch of Sputnik I?
Murljashka [212]
   The us suffered a loss of confidence because they thought would be in space before the soviets. Hope this helps!
7 0
4 years ago
Read 2 more answers
What was one factor motivating settlers to move west in the late 1800s?
liq [111]
Pioneer settlers were sometimes pulled west because they wanted to make a better living. Others received letters from friends or family members who had moved west. These letters often told about a good life on the frontier. The biggest factor that pulled pioneers west was the opportunity to buy land.
8 0
3 years ago
NATO was the name of the alliance formed by western, democratic countries
user100 [1]
It is =false due to eeedjdjdjjdjd
6 0
3 years ago
Which of these statements is true? A. Truman refuse to back Churchill when he claimed the Soviet Union took freedom from Eastern
Elena L [17]
B this is why A The attacksdid not endthe war, and causedmany casualties.*B.The attacksended the war, but killed manycivilians and alarmed the Soviet Union.Correct!
7 0
3 years ago
Read 2 more answers
Which of the following was an outcome of the American Revolution? Group of answer choices
katen-ka-za [31]
3 is the answer to the question
5 0
4 years ago
Other questions:
  • Identify the opposing sides in the fight for ratification and describe the major arguments for and against the proposed constitu
    9·1 answer
  • That President Andrew Johnson's dislike of the southern aristocracy before the Civil War had little to do with moral convictions
    14·1 answer
  • How would you characterize Andrew Carnegie
    11·2 answers
  • In what ways is knowledge "bread "
    5·2 answers
  • President Roosevelt's plan to bring the country out of the Great Depression was called the _______.
    7·1 answer
  • WHATS THE FOUR<br> NATURAL REGIONS OF<br> TEXAS.<br><br> (Middle School )
    9·2 answers
  • PLS HELP !!
    7·2 answers
  • What type of airplane is this dont answer if you dont know
    7·2 answers
  • The kidnapping of American sailors sailors by the british navy is known as ?​
    5·2 answers
  • In what ways did slavery affect the economy of Texas?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!