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Essay heading: Economic Theory
 
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Issue: Social Issues
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Date added: April 8, 2004
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No of pages / words: 7 / 1801
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Governments control and determine the balance of economic powers. Producing as many goods for as low of cost as possible is ideal for the mercantilist, as long as it doesn't hurt the state. A lack of regard for the individual citizen exists under this model of economic theory. The state only cares about progressing its grasp of power...
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The state only cares about progressing its grasp of power. The idea of a welfare state is basically irrelevant. In order to gain more power the state must acquire wealth. Alexander Hamilton is a major philosopher that dealt with mercantilism. Hamilton encouraged the United States to industrialize as quickly as possible...
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