Mercantilism And The Agricultural And Industrial Revolutions. Megan Minor
What is Mercantilism
An economic policy under which nations sought to increase their wealth by obtaining large amounts of gold and silver and by exporting more goods than what they imported.
Mercantilists supported several basic ideas which were.
A nations wealth is measured by the gold and silver it possesses. A nation must export more goods than it imports. Colonies exist for the benefit of the mother country. Strict laws must regulate trade with the colonies. Government must promote and protect local industries by taxing imported goods. Governments can increase revenue by imposing a single nation currency. And self sufficiency must be promoted.
Before the Agricultural Revolution farmers did what?
Worked to raise food for themselves and their landlords instead of making a profit by selling produce in the market. Relied upon ancient tools. Continued the three field system. Knew very little about the fertilizers, crop rotation, and animal breeding.
How did the Dutch lead the way into the Agricultural Revolution?
They built dikes or dams to reclaim land by draining it and thus making it usable.
Crop rotation was invented in 1750 by who, and what did it do?
Charles "Turnip" Townshend. Helped to conserve soil fertility and made more land available for production. It alternated grain with soil- enriching plants such as turnips and clover.
The agricultural revolution contributes to a rapid growth of population. What caused this?
Risk of famine was reduced because of the vast quantities of food being produced. More food led to more of a balanced diet, and a better diet for women made them able to have stronger babies. Vaccines were also developed against diseases.