Mercantilism (sep 13, 1400 – sep 13, 1700)
Description:
Mercantilism is a economic policy. A countries power depended mainly on its wealth, so mercantilism was a policy with ways to gain wealth. Ways to gain wealth: 1. Obtain as much gold and silver as possible from colonies. 2. Favorable balance of trade: Sell more goods than you buy.Added to timeline:
Date:
sep 13, 1400
sep 13, 1700
~ 300 years