Mercantilism Dbq

Louis XIV’s excessive grandeur made the French economy weak. His palace at Versaille, his constant need to gain more territory, and the crumbling of France’s economic system and caused the greatest revolution the world has ever seen. His grandiose estate, the palace at Versailles, required half of Louis XIV’s revenues to maintain. Although this palace may have kept up appearances for the sake of foreign

The People of France in the last part of the 18th century were experiencing severe food shortages, increasing the cost of living, and political leaders who were doing very little to fix the state of chaos in which most people found themselves. In both rural and

Transportation was improved by paving roads and by building ports and canals. He also built many massive palaces and monuments. These often showcased architecture and French goods of the time. The most elaborate palace built was the Palace of Versailles. Culture also seemed to grow during this period. Molière, Racine, Lully, La Fontaine, and Le Brun were all compensated with state pensions. France’s national defenses grew to rival those of England and Holland in size with the addition of a merchant marine, a police association and a navy. It could also be said that France acquired many new lands due to King Louis XIV’s decisions. In the War of Devolution against the Spanish Netherlands and in the later Anglo-Dutch War France acquired territory in Flanders. Later wars led to other territorial gains, one of which included Luxembourg.

In the early 1880s, Britain virtually destroyed the French Navy during the Napoleonic Wars. The British and French then created opposing policies for the shipment of goods into the Napoleonic Empire. Napoleon forbid any British

The industrial revolution was not only a time of great advancement for the west but was equally troubling for the European countries, especially that of France. Jules Ferry, a French statesmen recognized a need for expansion and took it upon himself to go in front of French parliament to argue his position of the need for French colonial expansion. The arguments he made in support of his country were of economical, humanitarian, and patriotic views.

In 1661 Louis appointed Jean-Baptiste Colbert as controller general of finances. This proved to be very successful in adding to the increase of France’s economy, and it helped Louis achieve his second goal of having “one law.” Colbert’s ideas were similar to that of mercantilism. He insisted on having an economic system that would make France a self-sufficient powerful country where they exported more than they imported. He improved France’s economy through the invention of a merchant marine fleet, the support of industries, the control of tariffs on French goods, and the collection of taxes. All of these gained money for France, which led to the creation of a powerful army. Due to a powerful army, France was able to secure its natural frontiers, even in the North East, which was France’s weakest natural border. While Louis claimed a flaw of his was that, “I loved war too much,” he was able to make a strong French presence in Europe, adding to his idea of “one law.”

Prior to unfolding of the events in the 18th century the interlinkages of increasingly global world, stirred agrarian and rural society's. In particular, the families had begun to produce surplus and buying new commodities, which were hitherto, considered luxuries. This era of industrious revolution laid the foundation for the industrial revolution. The trade in this time to Europe was mainly spices from India, silk and porcelain from China and inspite of silver flowing in from Americas kept the balance in favour of the East. The capital and labour requirements were not intensive and the mercantile activities were primarily housed in the guilds. This essay attempts to understand how the industrial revolution impacted the commerce

They all had similar tactics in taxation, but each had economic policies which resembled one another. Colbert, Louis XIV’s financial manager, promoted mercantilism, a policy of maintaining a favorable balance of trade in order to accumulate wealth. These mercantilist policies massively boosted France’s economy. The French people were to produce everything they needed, exports were increased, and immigration by talented peoples was encouraged. Positively, this approach allowed France to become a competitor in trade.

The mercantilism apart of this age in turn caused the Renaissance. Document 7 is a painting of a man and his wife surrounded by riches. The caption tells that the Age of Exploration allowed Europe’s economy to expand as more goods were being sent back to these countries thanks to mercantilism. This helped begin the Renaissance as more money was available for people to spend on luxuries like the arts. Document 8 in an excerpt written by Thomas Mun, economist and mercantilist, and describes the good economical situation in Europe. The document tells of art schools, improvement of the land, treasure, and the fulfillment of citizens’ wants. Based upon this document it can be inferred that the economy at this time was thriving due to mercantilism, and mention of art schools shows the focus on the arts characteristic of the Renaissance. From these two documents it’s clear that Europe’s success in exploration led to economic improvements and allowing the Renaissance to

12.In 1661, King Louis XIV's chief minister, Jean Baptiste Colbert, sought to import furs from France's colony in the New World, as well as use it as a source for "naval stores." What are "naval stores?"

I was unaware of how grueling and unpredictable the process was. I did not realize that in order for New England colonists to make one a trade with a country that is owned by the British as well they would have to sell their goods to the merchants, the merchants had to try their hand overseas to see if they make safely into a new port with their goods, then they have to see if they can sell their goods at a lower price than they bought it for, and so many more steps. Learning about all the steps that people in the 17th century had to take to trade only a few goods makes me so grateful for how efficient getting products from other countries is now, and I believe the early trading system paved the way for our trading now which is very cool to me. In terms of the article, I read there were a lot of

The colonist’s high demand for British goods and the mother country’s low demands for American goods several hurt these merchants economically since they could not make enough money to counteract the American demanded goods and actually make a profit.

During the 17th century, the French and Native allies inflicted monumental defeats against England. At the same time, New France was rapidly expanded into areas of land stretching down South towards Louisiana. As Settlements began to prosper, Great Britain viewed this growth as a threat to their position in North American trade, which was the linchpin to war with New France. Through years of industrious and unwearying battle, The French fought unwaveringly to defend their colony. Unfortunately, they fell short and lost every installment, one by one. This can be attributed to many issues of New France during this time. The battle between France and England was a major catalyst for struggles that preceded and eventually led to the fall of New

France was in trade relations with Italy. Louis XIV convinced the mirror-makers in Italy to come to France. Moreover, the Baroque period in Northern Europe had a different kind of trade. The Dutch, for instance, had slave trade. Going to economics, before France became a leading world power, it had suffered an economic decline during the reign of Louis XIV (1643). The greatest drain on the economy was probably caused by Louis’s insatiable architectural ambition. He spent so much in the beautification of the Palace of Versailles that the economic status was no longer balanced. In contrast, France replaced Italy as the artistic leader because of the standard that Versailles had set in European countries. Louis XIV was then considered one of the greatest rulers in

Before 1661 the French economy was in ruins. The economy had been greatly damaged by the 30 years war and there was also great corruption among the nobility.