History 2403E Study Guide - Final Guide: Gallicanism, Two New Sciences, Northern Mannerism

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Mercantilism is an economic theory that there is a fixed amount of wealth in the world and that a nation"s prosperity depends on its success in accumulating wealth by means of taxes, industry, and exporting more than it imports. However, it has been argued that mercantilist policies left colonial economies dependent on staple production and obstructed their industrial development. This theory is significant to the development of europe because it shows how the economy was changing at the time and coming to look more and more like modern economy. Defenestration of prague, (may 23, 1618), incident of bohemian resistance to habsburg authority that preceded the beginning of the thirty years" war. In 1617 roman catholic officials in bohemia closed protestant chapels that were being constructed by citizens of the towns of. Broumov and hrob, thus violating the guarantees of religious liberty laid down in the letter of.

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