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Unformatted text preview: technology and also due to the “mother countries” called the shots and the smaller countries followed suit due to fear of war or death. Also Mercantilist Policy is more involved with a geo-political aspect. When approaching this from a Mercantilist Doctrine point of view, you would be pleased with the second half of the data. Mercantilist Doctrine is interested in more of full employment of a society. We see with the data that the first half of the data, there are barley any exports and imports happening. The employment rate was fairly low at this point. The second half of the data where the exports and imports skyrocket are mainly due to the industrial revolution, which also helped employ people....
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This note was uploaded on 04/25/2011 for the course MARKETING 300 taught by Professor Romyerong during the Spring '11 term at Saint Louis.
- Spring '11