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| Topic: |
History
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| Number of pages / Number of words: |
3 / 747 |
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England also tried to do so. Mercantilist policies adopted during the reign of Elizabeth were continued in the seventeenth century under the Stuarts and Oliver Cromwell. Elizabethan laws were passed to discourage idleness, to reward industrial enterprise with monopolies, and to control the commerce by means of Navigation Acts...
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Elizabeth gave her justices of the peace the authority to fix prices, regulate hours, and compel every able-bodied subject to work at some useful trade.
German mercantilism was concerned primarily with increasing the economic power of the state by internal regulation. It heralded later attempts at economic nationalism and a planned society...
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General points of the essay
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