cameralism
Quick Summary
Cameralism was an economic policy practiced in continental Europe during the 17th and 18th centuries. It was a form of mercantilism, an economic theory focused on augmenting state power by regulating the economy to ensure exports exceeded imports, thereby accumulating wealth in gold and silver. Cameralists were public administrators who advocated for economic policies that strengthened rulers' positions. This system viewed wealth as finite and trade as a zero-sum game, where one nation's gain was another's loss. Colonies were seen as resources for the mother country, expected to supply raw materials and purchase finished goods, often leading to monopolies and trade restrictions. This approach contributed to economic rivalries and, in some cases, military conflicts and colonial discontent.1234
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