Mercantilism (jan 1, 1500 – jan 1, 1776)
Description:
Mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports and so involved increasing trade. The idea was that there would be colonies supplying the mother-country with raw resources which would then be produced there and were sold back to the colonies.Added to timeline:
Date:
jan 1, 1500
jan 1, 1776
~ 276 years