Mercantilism

Mercantilist Policy Mercantilist ideas were the dominant economic ideology of all of Europe in the early modern period, and most states embraced it to a certain degree. commercialism was centered in England and France, and it was in these states that mercantilist polices were most often enacted. mercantile system arose in France in the early 16th century, soon after(prenominal) the monarchy had become the dominant force in french politics. In 1539, an important decree banned the importation of woolen goods from Spain and some parts of Flanders. The next year, a number of restrictions were imposed on the export of bullion. Over the rest of the sixteenth century just protectionist measures were introduced. The height of French mercantilism is closely associated with Jean-Baptiste Colbert, finance attend for 22 years in the 17th century, to the extent that French mercantilism is sometimes called Colbertism. Under Colbert, the French government became deeply involved in the miserliness in order to add exports. Protectionist policies were enacted that limited imports and favored exports. Industries were organized into guilds and monopolies, and production was regulated by the state through a series of over a thousand directives outlining how different products should be produced.

To encourage industry, foreign artisans and craftsmen were imported. Colbert as well worked to decrease internal barriers to trade, reducing internal tariffs and building an extensive network of roads and canals. Colberts policies were quite successful, and Frances industrial output and economy grew considerably during this period, as France became the dominant European power. He was less(prenominal) successful in turning France into a major craft power, and Britain and the Netherlands remained supreme in this field. In England, mercantilism reached its peak during the great Parliament government (16401660). Mercantilist policies were also embraced throughout much of the Tudor and Stuart periods, with Robert... If you want to get a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper