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Angelina_Jolie [31]
3 years ago
15

Under mercantilism, what was the MAIN export of European countries?

History
1 answer:
lesantik [10]3 years ago
7 0

manufactured goods

First popularized in Europe during the 1500s, mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports, in an effort to collect precious metals like gold and silver. Mercantilism replaced the feudal economic system in Western Europe

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2 years ago
PLEASE HELP ME OUT ASAP!!!!!
ZanzabumX [31]

One thing you have to be clear about is which war. I'm taking it to be WWI.

There was a cash crunch after WWI. France was not any kind of a problem with the United States. It's not B.

I better get to the point. It has to do with the fact that the United States couldn't sell an abundance of manufactured goods. A has to do with that, but it wasn't exactly a decline in the manufacturing industry. It was that she couldn't sell what she had in inventory.

Inflation didn't become a problem in a post WWI environment. In fact, the problem was deflation and unemployment in the 30s, but that is a decade away from this question.

This is one of those questions that a guess is as good as an answer. Britain didn't import which is the same thing as a trade imbalance. I would pick E but I think that D is very possible. They are both worded the wrong way.There was a drop off in American Exports. And Farm prices cratered. Does that mean that Americans were buying more British goods. It is not D if America couldn't sell anything to Britain.

That makes E true. I'd pick E, but there's lots of reasons to pick almost anything else except B.

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