Growth of Mercantilism
- the more advanced contries in europw used this economic policy durining colonial american
- it is really a policy that states that a country power id tied to ies wealth
-stating that money was needed to purchase some good that are vital to the country
- bottom line: more money more better
Example
england wants gold
so england was establishes colonies in america
- america does not ahve much gold but can produce cotton and tabacco
- england buys coton cheap and does not allow american to produce cloth
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