Another name for economic system could be capitalism.
Answer:
The Age of Absolutism refers to period in French history where the Monarch has Absolute power over the country and all it's resources.
Explanation:
An example is that of Napoleon Bonaparte or Louis the 16th. As absolute Monarchy, there were increases in taxation to not only help build a powerful army but also to fund the lavish lifestyles of these kings.
A king would also influence the local religion and social customs that would sometimes out them in odds with other religiously motivated monarchs in Europe.
As tensions grew and the government expenditure grew even larger, a war and territorial gain would be seen as the best way to not only increase power but eventually generate more revenue.
This was in stark contrast to smaller countries in Europe, especially modern-day Belgium or Germany where the power of the King was gradually decreasing.
They could neither build an army as big as France's and did not have the will to do so.
Hence, during this time, the French were able to annex millions of acres of new land and build the largest territorial Empire in Europe.
