Jean Baptist Colbert The Trading Game

One of the roughly recognized expirations in time is that of the achievement of absolutism in France during the 1600s. Monarchs, such as the famous Louis 14, lived a life of glamour and led France to become one of the closely financially stable and powerful countries in all of Europe. However, Louis 14 could not have achieved this alone, and often looked to Jean-Baptist Colbert when it came to the finances of France. In Colberts Memorandum on Trade, a letter to his majesty on trade, we see how with his bylook on colonial trade profited France by growing revenue for the country, creating employment for the people, and improving the image of the monarchy. The primary(prenominal) idea of Colberts help in finances was to install the country itself economic and become financially independent. Colbert did this by pointing out numerous of the mistakes and opportunities useable to France as well as by implementing more mercantilist policies and victimisation its colonies to their all-embracing potential. One of the things Colbert paid accompaniment attention to was Frances neighbor, the Dutch. By looking at the summation of trade and net profit the Dutch brought home, Colbert was able to analyze the opportunities France had by either stinging off the Dutch or by taking avail of the same strategy.

For example, Colbert noticed that the Dutch were put to work prickle two million in cash by dint of transaction with the French-West Indies because they were trading their German goods for sugar, tobacco, and dyestuffs in and then touch them in order to export them later. By implementing the same policies, oft wealthiness was brought to the country. Mer cantilism was the main strategy of Colbert s! ince France had many colonies. He showed the superpower that the New World was a place of many resources that could be brought back to the mother country all under(a) the central draw off of the King himself. The colonies were henceforth to provide the terra firma with the raw materials previously obtained from the Dutch, to a fault often originating in the French...If you indispensability to get a full essay, order it on our website: OrderEssay.net

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