Mercantilism
Trending Questions
Q.
Which capital would you consider the best — land, labour, physical capital and human capital? Why?
Q. Europe in the 16th and 17th centuries strengthened trade relations using an economic concept called .
- Capitalism
- Feudalism
- Mercantilism
- Marxism
Q. ___________ is a practice by which governments used the economy to augment state power at the expense of other countries.
- Peace Treaties
- Mercantilism
- Renaissance
- Regionalism
Q. Which among the following statements are true regarding the impact of Reformation?
- Capitalism led to Mercantilism.
- Destroyed the dominance of the Catholic Church.
- Helped in developing the spirit of nationalism.
- Formation of new laws to unify the administration within states.
Q. The rise of mercantilism became the foundation for capitalism in Europe during middle ages.
- True
- False
Q. What was an immediate impact of Mercantilism in Europe?
- Marxism
- Colonisation
- Peace
- World War