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Imperialism is when a nation gains domination over another country's economic,political and cultural institutions. My lord intends on dominating your country.
How could you? My people will lose their independence and we will be over using our reasources.
With mercantilism, we can trade to generate wealth but also maintain a profitable trade balance.
If we are to use mercantilism, we must make sure that we export more than we import. Just to make sure we are profitable.
We need a way of trading with our neighboring counties that will be fair for all of us.
With capitalism, our economic system will advocate free trade,competition, and choice as a means of achieving prosperity.
Then won't the colonies of hispaniola eventually run out of their resources?
Time for the Grand exchange. I Christopher Columbus will bring resources from hispaniola to America so they can cultivate it.
Now comes the era of historical globalization. Christopher Columbus will make his first voyage.
I do hope that Columbus finds new lands. Hopefully, if he meets new people, he will treat them nicely.
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