Download the BYJU'S Exam Prep App for free IAS preparation videos & tests - Download the BYJU'S Exam Prep App for free IAS preparation videos & tests -

What is an example of mercantilism?

An example of mercantilism was the Sugar Act of 1764 which made colonists in America had to pay higher tariffs and duties on imports of foreign-made refined sugar products. 

Mercantilism is an economic policy that is designed to maximize the exports and minimize the imports for an economy. It was an economic policy that gave rise to imperialism and colonialism among European nations.

For further reading check the following articles:

Related Links

What is the main idea of mercantilism?

Who is the founder of Hyderabad State?

100 Must-Know Facts about IVC for UPSC

UPSC FAQ

NCERT Notes: Arts of the Indus Valley

NCERT notes for History (Modern, Medieval, Ancient), Art and Culture, and Geography

IAS Exam

UPSC Syllabus

UPSC 2022

IAS Toppers

Comments

Leave a Comment

Your Mobile number and Email id will not be published.

*

*