Early Modern Europe
-What is the economic doctrine developed by Jean-Baptiste Colbert, that was the catalyst for the Age of Discovery? This doctrine included the following tenets: creating colonies, making colonies to trade exclusively, and increased acquisition of gold and silver.

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Mercantilism is an economic doctrine that allowed nation-states to compete with each other outside of the military realm. Because of the economic competition, countries such as Spain, Portugal, France, and Great Britain expanded out of their borders in order to open up new markets in the New World. The Spanish Empire of Latin America has greatly increased the nation's wealth and placed importance on their Navy strength. Mercantilism has created super powers of the sea and was a precursor to capitalism.

Early Modern Europe -What Is the Economic Doctrine Developed by Jean-Baptiste Colbert, That