Mercantilism

Essay Questions Essay 1 - mercantilism During Louis XIVs govern in the seventeenth Century, he had troubles financing his many wars. So, what did he do? He got lucky! It was because an official, named Colbert, that was recommended to Louis XIV that the French show a fashion to become very wealthy. A lifelike economic trunk was brought forth that is still utilize today in all split of the world. Colbert was the inventor of this system, called Mercantilism, and he cre ingestd it to amaze wealth to the French and his king. The goal that Colbert aimed to do was to engender funds for France. He knew France had to export as much as possible. This meant increase exports, so this Mercantil system said to sell as many goods as possible to the stop of the world. So, they used their well-to-do champagne and chambord industries that were hard to imitate. Their grapes and berries were rare in other parts of the world, and the way they carbonated the wine into champaign do it a opulence item. French Mercantilism was big on merchandising extravagance goods, and article of furniture was another one of those items. Most people during the 17th Century did not have furniture. Their beds and other furniture were made of straw. So, when France started exporting real, quality furniture, the rest of the world ate it up.

curiously the rich, who could afford the expensive furniture. Not only did Colberts Mercantil system tell France to acquire wealth, it also told them to keep that wealth. So, Colbert created the sentiment of minimizing imports s o that France would not throw its riches bac! k into the rest of the world. Mercantilism said to buy the least possible from other countries. Although, teatime was one good that the French imported a percentage of. So, to compensate somewhat for their import costs, they started taxing unconnected items in order to keep as much notes in the country as possible. This might have been seen as organism selfish to other countries, which is why other nations ultimately started...If you sine qua non to get a full essay, order it on our website: OrderCustomPaper.com

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