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Mercantilism advocated keeping wages low. The desire to extract profits from colonies led to the abuse of working-class settlers. The building up of surpluses of gold and silver led to inflation. Mercantilist policies often led to wars, which had to be fought by working-class soldiers.

Mercantilism advocated keeping wages low.
The desire to extract profits from colonies led to the abuse of working-class settlers.
The building up of surpluses of gold and silver led to inflation.
Mercantilist policies often led to wars, which had to be fought by working-class soldiers.
How did mercantilist policies hurt the working class?
From Lesson 77:5.5 Review Questions·World History 2

Learn Mercantilism advocated keeping wages low. The desire to extract profits from colonies led to the abuse of working-class settlers. The building up of surpluses of gold and silver led to inflation. Mercantilist policies often led to wars, which had to be fought by working-class soldiers and more in World History 2

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