Mercantilism 1500 1700s Economic systemtheory of supply of capital assets

Mercantilism 1500 1700s economic systemtheory of

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found errors with them in interpretation of catholic dogma. Mercantilism – 1500-1700s. Economic system/theory of supply of capital assets (gold,silver) held by state and international trade through positive balance of trade: exports/imports. A nation’s power is based off its wealth. Economic prosperity is national prosperity. As a result many nations of Europe: Spain, Portugal, later Britian, France all made global empires and trade outposts for their wealth. Contrast to industrial revolution economic of manufacturing (wealth of nations: adam smith) Zwingli – 1500s leader of protestant movement in Switzerland. Influenced by writings of Erasmus. Anything in bible is truth, anything not in bible is untrue.
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encomienda - Spanish1500s economic doctrine in New World. Use of Indians for labor. A Spanish aristocrat in New world would get a band of Indians (native Americans) to use labor. is a labor system that was employed mainly by the Spanish crown during the colonization of the Americas and the Philippines. In the encomienda, the crown granted a person a specified number of natives for whom they were to take responsibility. The receiver of the
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  • Spring '18
  • Cynthia Smith

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