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Mercantilism In 18th Century

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Mercantilism In 18th Century
Unlike in today’s world we can trade anywhere in the world. Mercantilism is the belief in the benefits of profitable trading. Mercantilism was a very popular in the 17th and 18th century. The English thought that mercantilism was a way for a nation or a person would be rich on at the expense of another. Also that nation’s only way of surviving was to sell everything they had to other countries. Tobacco became very popular all over the world. The British made their own tobacco and it was very bad tobacco. To keep their prices high and make money they wouldn’t trade with Spain because Spain made the best tobacco. People could get jobs and make a lot of money with working with the tobacco because to grow tobacco uses a lot of labor then tobacco
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