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Louis XIV was an authoritarian ruler, squandered and refused all control of state organs. Statistics from 1678 show that he maintained a huge army at the cost of nearly 100 million French mandarins per year. Although mercantilism is not a complete economic theory, initiatives to implement economic policy also rely on possible theoretical considerations that form the first elements of a sutra theory. practice. American samoa pride all over printed shirt The primary aim was to enrich the dynasty and the privileged elites, both addressing the country’s financial needs, while enhancing the power of kings and aristocrats. The consistent spirit of mercantilism is aimed at building an economy controlled by the central state, the state economic sector playing a key role. It can be said that mercantilism economic theory can only work well in totalitarian regimes.

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