Absolutism and Constitutionalism
During the period of Economic Development and Mercantilism in Europe, what impact did gunpowder have on warfare?
It reduced the need for armies
It had no major impact on warfare
It made warfare more deadly
It made warfare less common
What were the core elements of the Triangular Trade?
Slaves, textiles, and weapons
Gold, silver, and precious metals
Indigenous people, luxury goods, and manufactured goods
European goods, enslaved Africans, and raw materials
What was one primary reason many European states adopted mercantile policies during the early modern period?
To reduce government involvement in business affairs for increased efficiency.
To establish universal currencies that would simplify international trade.
To promote worker rights within rapidly industrializing sectors.
To enhance state power by boosting national economies.
Which outcome is most associated with Adam Smith’s criticism of mercantilism in "The Wealth of Nations"?
A decline in military conflict thanks to a focus on scientific development over territorial disputes.
Balanced government budgets due primarily to technologically advanced agricultural practices.
Increased opportunities for lower social classes through public education reforms.
Colonial expansion resulting from aggressive pursuit of resources.
Throughout the period under study, which industry's growth most ongoingly illustrates mercantile principles?
Glassmaking industry
Textile industry
Shipbuilding industry
Furniture making industry
If the Dutch had maintained their dominance over world trade routes into the 18th century, how might this have changed England’s approach to industrialization?
England could have abandoned overseas colonies entirely, focusing on European affairs.
England might have adopted a more isolationist economic policy to avoid competition.
England may have focused on advancing financial services rather than manufacturing.
England would have sought a military alliance with Spain to counter Dutch trade.
How did the economic philosophy of mercantilism directly affect the policies of European monarchies during the 17th century?
They decentralized economic powers, providing more autonomy to local governments and guilds.
They reduced military expenditures to redirect funds towards cultural developments and patronage.
They encouraged free trade to foster economic competition and innovation within their borders.
They implemented protectionist trade policies to accumulate bullion and strengthen national wealth.

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What was one primary reason European powers established colonies during the period of mercantilism?
To exercise control over oceans
To broaden political alliances with indigenous peoples
To spread their cultures globally
To acquire resources and markets for their goods
Which country led the way in maritime exploration, fueling economic development and the rise of mercantilism?
Germany
Portugal
England
Italy
Which policy is most associated with the theory of Mercantilism?
Laissez-faire economics.
Free-trade agreements with other nations.
High tariffs on imported goods.
Decreased government intervention in economic activities.