mercantilism

Mercantilism was the economic theory that stressed the governments' promotion of limitation of imports from other nations and internal economies in order to improve tax revenues; popular during the 17th and 18th centuries in Europe.

Sources: http://mrthompson.org/text/2-1%20Spain%20Claims%20an%20Empire_files/image008.jpg Created by: Stephen Puckette 12/06/08 Edited by Hannah Hollon 12/07/08