3.1 - Mercantilist Doctrine and Colonial Policy
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Practice Questions
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Define mercantilism in your own words.
💡 Hint: Think about the balance between what a country sells versus what it buys.
What is the 'balance of trade'?
💡 Hint: Remember, it should ideally favor exports.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What does mercantilism focus on?
💡 Hint: Think about which side of the trade balance is more favorable.
True or False: Monopoly grants negatively impacted colonial economies.
💡 Hint: Consider the relationship between colonies and their mother countries.
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Challenge Problems
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Critically assess how mercantilism influenced global trade patterns in the 17th century, using specific examples.
💡 Hint: Look at both positive trade growth and negative impacts on colonies.
Evaluate the long-term implications of mercantilism on modern economic systems.
💡 Hint: Consider how historical trade policies echo in today's economic discourse.
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