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Which of the following was a significant factor in the rise of mercantilism?In the rise of mercantilism, discovery of the New World is considered a significant factor.
What is a mercantilism quizlet?What is Mercantilism? an economic system in which nations seek to increase their wealth and power by obtaining large amounts of gold and silver and by establishing a favorable balance of trade.
What best defines mercantilism?What best defines mercantilism? An economic theory that benefited America by trade with England. The practice of trading goods for goods when gold and silver was not available. A country's power was measured by the amount of gold and silver it owned.
Which of the following is an example of the policy of mercantilism?An example of mercantilism was the Sugar Act of 1764 which made colonists in America had to pay higher tariffs and duties on imports of foreign-made refined sugar products.
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Mercantilism had a great impact on which aspect of states?
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