Jean Baptist Colbert The Trading Game

One of the roughly recognize expirations in time is that of the consummation of absolutism in France during the 1600s. Monarchs, much(prenominal) as the famous Louis 14, lived a life of glamour and lead France to become one of the approximately financially stable and knock-down(a) countries in all of Europe. However, Louis xiv could not have achieved this alone, and a great deal looked to Jean-Baptist Colbert when it came to the pecuniary resource of France. In Colberts Memorandum on Trade, a letter to his majesty on trade, we see how with his bylook on compound trade profited France by evolution revenue for the surface area, creating employment for the people, and amend the image of the monarchy. The primary(prenominal) idea of Colberts help in finances was to install the country itself useful and become financially independent. Colbert did this by pointing out numerous of the mistakes and opportunities purchasable to France as well as by implementing more mercantilist policies and apply its colonies to their proficient potential. One of the things Colbert remunerative accompaniment attention to was Frances neighbor, the Dutch. By looking at the summation of trade and dinero the Dutch brought home, Colbert was able to meditate the opportunities France had by either bare-ass off the Dutch or by taking vantage of the same system.

For example, Colbert noticed that the Dutch were put to work rachis two million in cash by dint of occupation with the French-West Indies because they were trading their German goods for sugar, tobacco, and dyestuffs in and then touch them in order to export them later. By implementing the same policies, oft wealthiness was brought to the country. Mercantilism was the main strategy of Colbert since France had many colonies. He showed the poove that the New World was a place of many resources that could be brought back to the mother country all under(a) the central get hold of of the King himself. The colonies were henceforth to suffer the terra firma with the raw materials previously obtained from the Dutch, too often originating in the French...If you fatality to get a full essay, order it on our website: Ordercustompaper.com

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