compare mercantilism with an embedded institution
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Words: 956
Pages: 3
(approximately 235 words/page)
Pages: 3
(approximately 235 words/page)
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showed first 75 words of 956 total
showed last 75 words of 956 total
…corporations and trading companies. Production was carefully regulated with the object of securing goods of high quality and low cost, thus enabling the nation to hold its place in foreign markets. Treaties were made to obtain exclusive trading privileges, and the commerce of colonies was exploited for the benefit of the mother country.(Allen) The purpose was to make the nation wealthy so large armies could be constructed and other nations could be taken over.
…corporations and trading companies. Production was carefully regulated with the object of securing goods of high quality and low cost, thus enabling the nation to hold its place in foreign markets. Treaties were made to obtain exclusive trading privileges, and the commerce of colonies was exploited for the benefit of the mother country.(Allen) The purpose was to make the nation wealthy so large armies could be constructed and other nations could be taken over.
