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For example, the colonists cut down trees, these trees were sent to England where craftsmen made furniture, paper, barrels, and tools. ... To enforce mercantilism

Some examples of non-mercantilism include:

  • Free Trade
  • Individuals can produce whatever they want.
  • The government doesn't control the economy but only regulates it.
  • Individuals can purchase goods from other countries.

  • Mercantilism was enacted by Adam Smith in 1776. Mercantilism refers to the policy whereby the wealth of a country is judges based on the amount of precious metal that the county has.

  • Mercantilism encourages export while import is discouraged. It doesn't encourage free trade as it was believed that a country can only develop when other countries purchase the goods and services that are provided.

  • Non-mercantilism is simply the opposite of mercantilism. It stated that free trade was essential for the development of a nation because skills and ideas are shared when countries trade with each other.

  • In non-mercantilism, the government had no control over the goods that were produced by the people. They were also free to sell the goods to whoever they wanted.

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