King Louis XIV
A picture of the king of France during the 1700's
What was the role of mercantilism before 1763?
Mercantilism played a major role in keeping both England and Frances economy balanced and safe. Without mercantilism, both nations colony's would not have survived and would have possibly collapsed on themselves. The role of mercantilism changed significantly over the course of history, as it slowly declined through the late 1700's. Many European imperial nations used mercantilism, as it allowed them to gain
a vast amount of wealth, which would make the nation reign over the others. Power was also a very important factor in competing with other nations, as the more power a nation had, the more land it could take over. There were many ways to gain power and wealth, but mercantilism was one of the most popular method, as it allowed a country to take over another nation and build colonies, the colonies would then sell resources back to the mother country for a very cheap amount, and this would make the mother country very rich and powerful. Both France and England used this strategy, as it allowed them to gain control over other nations with ease.
a vast amount of wealth, which would make the nation reign over the others. Power was also a very important factor in competing with other nations, as the more power a nation had, the more land it could take over. There were many ways to gain power and wealth, but mercantilism was one of the most popular method, as it allowed a country to take over another nation and build colonies, the colonies would then sell resources back to the mother country for a very cheap amount, and this would make the mother country very rich and powerful. Both France and England used this strategy, as it allowed them to gain control over other nations with ease.