MERCANTILISM - Guaranteed Birt's suppl of trop prod and their profit off processing/ re-exporting - =/= buy finished goods elsewhere, colonies we're allowed to sell raw materials to anyone but the mother country, - Protects planters and factory owners from foreign prod of ff/ finished goods - v position of planter classes after they ^ of power - ^ position of industrial capitalists - System started to jepodise domestic supply (mar 4, 1500 – jun 12, 1800)
Added to timeline:
Date:
mar 4, 1500
jun 12, 1800
~ 300 years