1500 (jul 17, 1500 – jan 1, 1750)
Description:
Mercantilism was the dominant European economic philosophy. This was the link between the government and the economy. The colonies were the sources of raw material, which made the European countries very rich. These European countries thought wealth was power and a nation's state was measured by wealth.(Key Concept 1.2, I)
Added to timeline:
Date:
jul 17, 1500
jan 1, 1750
~ 249 years