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Strengths And Weaknesses Of Lo

Strengths And Weaknesses Of Lo

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Title: Strengths And Weaknesses Of Lo

Essay Details:

Subject: Miscellaneous

Author: Rachel C

Date: February 23, 2015

Level: University

Grade: A

Length: 2 / 485

Essay text:

One strength was that of mercantilism, which is an economic theory under which a country increases its wealth by exporting more goods than it imports. By accomplishing this, Louis XIV made himself and France very wealthy. More wealth was made when a balance of trade brought more gold and silver into France. A high tax was placed on imports and that also earned money. Soon, France became economically strong and the most powerful country in Europe. France also led Europe in the arts because of Louis XIV. He always demanded opera and made it popular. He was also the principal patron of many famous artists, and brought their work into Versailles...

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