Directions: Refer to the Basic Principles of Mercantilim chart in your textbook on page 484.

Complete the chart by filling in the blanks of the sentences on the left side of chart. After, draw a
symbol or picture that shows each Principle.

When you are finished with the chart, be sure to answer the critical thinking questions (bottom of
page).

Basic Principles of Mercantilism Chart

Fill in Blank Draw a symbol

A nation's strength depends on its ___________ as
measured in _______ & ____________.

Only a ____________________exists in the

world, and nations have to compete for their
share.

A favorable balance of ________ is and important

step in gaining ________________.

Countries should seek to limit _______________

& maximize ____________________.

A country should have its own ___________ for

raw materials to avoid ________________ on
others.

Colonies exist only as a way for the

_____________________ to make a profit.

A country's ____________ should not trade with

any other countries.
Related Questions:

1.) Out of the 7 basic principles of mercantilism, which ones does our country follow today?
Provide at least one real life example.

2.) What groups in the world at this time would benefit from this system?

3.) What groups in the world at this time would suffer from this system? Explain how...