Search results
Results from the WOW.Com Content Network
In American history, salutary neglect was the 18th-century policy of the British Crown of avoiding the strict enforcement of parliamentary laws, especially trade laws, as long as British colonies remained loyal to the government and contributed to the economic growth of their parent country, England and then, after the Acts of Union 1707, Great Britain.
The Navigation Acts were passed under the economic theory of mercantilism, under which wealth was to be increased by restricting colonial trade to the mother country rather than through free trade. By 1849 "a central part of British import strategy was to reduce the cost of food through cheap foreign imports and in this way to reduce the cost ...
Mercantilism is a nationalist economic policy that is designed to maximize the exports and minimize the imports of an economy. In other words, ...
The doctrine of mercantilism is a prominent variant of economic nationalism. [5] Economic nationalists tend to see international trade as zero-sum , where the goal is to derive relative gains (as opposed to mutual gains).
Immanuel Wallerstein, The Modern World System II: Mercantilism and the Consolidation of the European World-Economy, 1600–1750, Academic Press; (June 1980). Immanuel Wallerstein, The Modern World System III: The Second Era of Great Expansion of the Capitalist World-Economy, 1730–1840s. Academic Press, 1988.
The AP U.S. History course is designed to provide the same level of content and instruction that students would face in a freshman-level college survey class. It generally uses a college-level textbook as the foundation for the course and covers nine periods of U.S. history, spanning from the pre-Columbian era to the present day. The percentage ...
Mercantilism was the basic policy imposed by Britain on its colonies from the 1660s, which meant that the government became a partner with merchants based in England to increase political power and private wealth. This was done to the exclusion of other empires and even other merchants in its own colonies.
Neomercantilism (also spelled neo-mercantilism) is a policy regime that encourages exports, discourages imports, controls capital movement, ...