The title and subject of a seminal 1931 work by Eli Heckscher, this theory was often instituted in part by sumptuary laws to ensure wants were held low, while large populations were encouraged to provide a supply of labor. Practiced by Thomas Mun in England, Antonio Serra in Italy, and Jean-Baptiste Colbert in France, it pr
The title and subject of a seminal 1931 work by Eli Heckscher, this theory was often instituted in part by sumptuary laws to ensure wants were held low, while large populations were encouraged to provide a supply of labor. Practiced by Thomas Mun in England, Antonio Serra in Italy, and Jean-Baptiste Colbert in France, it promoted government regulation of the economy to augment state power at the expense of rival national powers through means like the accumulation of precious metals. FTP, what was this economic system most associated with the use of colonies as markets for exports and suppliers of raw materials for the mother country?
The title and subject of a seminal 1931 work by Eli Heckscher, this theory was often instituted in part by sumptuary laws to ensure wants were held low, while large populations were encouraged to provide a supply of labor.
mercantilism