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AP European History
Unit 3 – Absolutism and Constitutionalism
Topic 3.4
What was a main goal of mercantilist policies adopted by European powers in the late Middle Ages?
To promote domestic industry through import subsidies.
To encourage cultural exchange between nations through free trade agreements.
To accumulate wealth by achieving a favorable balance of trade.
To reduce inflation rates within their home countries.
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AP European History - 3.4 Economic Development and Mercantilism
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Mercantilist Policies
Late Middle Ages
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Cram Mode
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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