Question

What economic strategies did maritime empires
use to increase their power, and how did the
developing empires affect political, economic,
religious, and cultural dynamics?
I need help ASAP!

Answer 1

Answer:

These maritime empires employed the economic strategy of mercantilism.

Explanation:

Mercantilism was the economic policy of running trade deficits with the colonies in order to accumulate stock of gold and silver. This policy made the empires wealthier at the expense of the colonies, although some of the colonies did benefit, for example, the North American Colonies.

Answer 2

According to economic analysis, the economic strategies maritime empires use to increase their power is "mercantilism."

Mercantilism is a form of an economic strategy that depends or focuses on the exportation of goods to draw more money.

Mercantilism as an economic strategy was famous around the 16th to 18th century and were used by major European powers like Great Britain.

On the other hand, the developing empires affect political, economic, religious, and cultural dynamics by forming alliances and conquering the old powers.

For example, Russo-Prussian Alliance in 1764 established power in Eastern Europe and Western Asia.

Hence, in this case, it is concluded that mercantilism among developed nations and alliances among developing nations were common in the 16th to 18th centuries.

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