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AP European History
Unit 1 – Renaissance and Exploration
Topic 1.2
What role did mercantilism developed during Italian Renaissance play in shaping economic policies of early modern European states?
It provided an economic framework for colonial expansion and exploitation by various early modern European empires.
Mercantilist ideas were completely discarded by other European states due to its association with feudalism.
It led to a universal adoption of laissez-faire economics throughout Europe.
Mercantilism was only applicable within Italy and had no significant impact on other European economies.
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AP European History - 1.2 Italian Renaissance
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Italian Renaissance
Mercantilism
Early Modern European States
Economic Policies
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Cram Mode
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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