1. Someone has just asked you what the economic theory of mercantilism is. In your own words, describe the theory of mercantilism.
Answer: Mercantilism is economic and it has to do with the control of foreign trade. It is also known as the belief in trade that makes money.
2. Look at Figure 8-17 on page 237 and read the caption. Can you think
of another example of a raw material and what goods it can be made into?
Your example can be modern day.
Answer: Wood can be made into paper products
3. Why would King Louis XIV and Colbert be interested in making Canada a part of the French mercantile empire?
Answer: The more area they have the more things they can grow and make. They are getting a lot of lumber, hunting, fishing then sent back to france.
No comments:
Post a Comment