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jan 29, 1492 - Mercantilism

Description:

When a group or country has all the resources so that other groups or countries are dependent on them
British does this with gold → acquiring as much wealth as possible and exporting more than they import (with tariffs (taxes on imports) and monopolies) → establishing economic control

Added to timeline:

10 Dec 2017

Date:

jan 29, 1492
Now
~ 532 years ago