What is Mercantilism?

[@languageandideas]

Video Chapters 0:23 What is Mercantilism? 1:05 Key Principles 1:07 1) Exports Over Imports 1:35 2) Accumulation of Precious Metals 2:07 3) Industry Development through Government Subsidies and Regulations 2:33 The British Navigation Acts 3:07 Criticisms - What is Imperialism? kzbin.info/www/bejne/g3fIYY17a7tjsKc What is Colonialism? kzbin.info/www/bejne/i5rCmqCMidp2hbs What is Neocolonialism? kzbin.info/www/bejne/hmO5ZHx5acmgaJI Political Theories Playlist kzbin.info/aero/PLDeRF0yrSvCGt25jOuRmH2cOFDi9gVrED

[@KausalyaaKangasuthan]

The intro made me understand the definition so well and it gets better with the rest of the video! I love this video the entire thing is absolutely gold! ❤ Thank you

[@languageandideas]

Thank you so much for your heartwarming feedback, and you're welcome! 😊❤️

[@NajeemAfridi]

Great explanation.

[@languageandideas]

Thank you! 🙂

[@thethingsIdoforlife]

Yayyy!

[@languageandideas]

Thank you, Rionessa! 😊

[@kerwinbrown4180]

So mercantilism aided empires to grow and become powerful and moving away from it caused those empires to go into decline. No one noticed this?

[@languageandideas]

I guess some people did, but the shift was just so inevitable due to the problems/abuses it caused.