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fiasKO [112]
2 years ago
6

How was mercantilism the greatest contributor to its decline??

Social Studies
1 answer:
Leviafan [203]2 years ago
4 0
Mercantilism was an economic theory and practice, dominant in modernized parts of Europe during the 16th to the 18th century,[1] that promoted governmental regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. It was the economic counterpart of the previous medieval version of political power: divine right of kings and absolute monarchy.[2] Mercantilism includes a national economic policy aimed at accumulating monetary reserves through a positive balance of trade, especially of finished goods. Historically, such policies frequently led to war and also motivated colonial expansion. Mercantilist theory varies in sophistication from one writer to another and has evolved over time. High tariffs, especially on manufactured goods, are an almost universal feature of mercantilist policy. Other policies have included
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Thus, the correct answer is Multifactorial or biopsychosocial models of disruptive behavior disorders.

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3 years ago
Why is Louisiana referred to as the "South of the
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Answer:

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3 years ago
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When did Texas become a country
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If a bank is unable to borrow reserves from the Fed funds market to meet its reserve requirement, where else might it borrow res
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Banks can borrow from the federal reserve system at discount rate.

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If a bank is not able to borrow funds for its reserves from the Fed funds market, then, in that case, it can borrow from the federal reserve system at a discount window.  

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