Mercantilism exists an economic policy that exists created to maximize the exports and minimize the imports for an economy.
<h3>What is Mercantilism ?</h3>
Mercantilism exists as an economic approach by which governments utilized their economies to increase state power at the expense of other countries. Governments sought to confirm that exports exceeded imports and to earn wealth in the form of bullion (mostly gold and silver).
Mercantilism exists an economic policy that exists created to maximize the exports and minimize the imports for an economy. It facilitates imperialism, colonialism, tariffs, and subsidies on traded goods to attain that objective.
Mercantilism led to the emergence of what's been named the “triangular trade”: a system of exchange in which Europe provided Africa and the Americas with finished goods, the Americas supplied Europe and Africa with raw materials, and Africa supplied the Americas with enslaved laborers.
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The economy in the United States in the 1920's varied greatly from European countries. After WWl, Europe struggled to rebuild. Europe had taken the brunt of the attacks and went into a deep depression. The United States in contrast boomed. The economy was better than ever before. Since no attacks had happened on American soil, we were able to mass produce consumer goods, etc. People were buying on credit, investing in the stock market, and moving to the city. Life was good in America; not so good in Europe.
New England colonists’ lives revolved around religion
in my words they were shooketh.
but in school words:
The news of the Boston Tea Party reached London, England on January 20, 1774, and as a result the British shut down Boston Harbor until all of the 340 chests of British East India Company tea were paid for. This was implemented under the 1774 Intolerable Acts and known as the Boston Port Act.
