Felicity+C

 Mercantilism was an economic theory that took place during the 16th through the 18th centuries. This practice brought wealth and money to the Mother Land, commonly known as England, today. England installed mercantilism so to produce more gold, at the expense of her rivals. There were two ways in which this was achieved: establishing and exploiting colonies, and establishing a favorable balance of trade with a rival country. This set up the precedence of voyaging countries at that time: in order to gain power, wealth must first be established. To gain this wealth and power, a favorable balance of trade was set up. This gained much satisfaction with European citizens. This system, known as mercantilism, changed Europe for the better. Their economy grew and became wealthy, as a result of the economic revolution. Mercantilism was system most commonly practiced between England and her colonies in North America.
 * Mercantilism **