1. Economic Systems
... . It wasn't that successful because then even if it did meet the people needs it wasn't that great. Productions of a popular item are usually made out of cheap low quality goods. So even if it's a very popular item it was made out of cheap sources making it break easy and it don't last a long time. But on the other side the ... mercantilism. Mercantilism believed that real wealth was measured in of gold and silver. So they said in order to make a good supply of gold and silver they should exported more goods than imports. Overseas empires were the main central for the mercantile system. ...
- Word Count: 837
- Approx Pages: 3
- Grade Level: High School