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Question
Explain the impact and consequence of the Reformation under the following heading:
How did the rulers of Nation-States work on Mercantilist theories?
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Solution
Mercantilism was a theory that the state should regulate economic activities in order to achieve some national objectives. It should follow the policy of ‘Protectionism’. Large nation-states had come into existence in England, France, Spain, and Portugal. The rulers of these countries had imposed numerous restrictions on international trade in the national interest. Under the influence of mercantilist theories, the governments encouraged ‘Protectionism’, which meant protecting home producers from foreign competition by taxing imported goods.
RELATED QUESTIONS
Mention two important causes of the Reformation.
Which are the two factions of the Church?
The Movement against the Roman Catholic Church is called the Reformation. Discuss its causes with reference to the following:
Sale of Indulgences
How did the following cause contribute to the 16th-century Reformation Movement in Europe:
Spread of New Learning
Early in the sixteenth century there arose in Germany Martin Luther who became the great leader of the Reformation Movement. In this context describe:
Luther’s Beliefs and Doctrines
What forces and factors contributed to the rise of Nation-States in Europe?
With reference to the Reformation, explain the following:
Who were the Protestants? By what other names were Protestantism known?
State the contribution of the following to the protestant movement.
Ulrich Zwingli
The respect to the growth of Nation States, answer the following question:
How did the Reformation contribute to emergence of Nation States.
With reference to Mercantilism answer the following question:
What is meant by the term Mercantilism?
