Colbert and Economy France on top Flashcards
To b a powerful country u need lots of ___ and ___
resources and gold
mercantilism
not a free market but a government run economic system
(mercantlism) france’s strategy to make lots of money
maximize the exports, and minimize the import
Colonies are important for __
resources and raw materials
PRocess of trading
colonies provide resources/raw materials –> take resources into manufactured goods –> sell them back to countries (colonies) —> gold and silver
France was a s___ economy
self-sufficient
What does being a self suff. gov. mean?
You dont buy manufactured goods from anyone else because you create their own
Compare it to spain
spain didnt go to mercantilism before cuz they had so much gold and silver so they never developed manufacturing base and it hurts em
Centralized industry and their products had many __?
sizes, colors, quality
they had tax exemptions to increase ___ to increase ___
families, population
They lowered taxes on some ____ to make those flourish
industries
they wanted to build infrastructure so they made lots of
canals and roads
canal du midi
famous trading infrastrucure
They spent money planting trees for?
lumber
they had high tarrifs for what
why?
manufactured goods so people wont buy products from other countries
