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Explain the impact and consequence of the Reformation under the following heading:How did the rulers of Nation-States work on Mercantilist theories? - History and Civics

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प्रश्न

Explain the impact and consequence of the Reformation under the following heading:
How did the rulers of Nation-States work on Mercantilist theories?

थोडक्यात उत्तर

उत्तर

Mercantilism was a theory that the state should regulate economic activities in order to achieve some national objectives. It should follow the policy of ‘Protectionism’. Large nation-states had come into existence in England, France, Spain, and Portugal. The rulers of these countries had imposed numerous restrictions on international trade in the national interest. Under the influence of mercantilist theories, the governments encouraged ‘Protectionism’, which meant protecting home producers from foreign competition by taxing imported goods.

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Causes of Reformation
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1.13: The Reformation - Structured Questions

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मॉर्निंग स्टार Total History and Civics [English] Class 9
पाठ 12 The Modem Age in Europe: The Reformation
Structured Questions | Q 14.2
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