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Louis XIV assigned finance minister Jean-Baptiste Colbert (1619-1683) to formulate an economic policy with the aim of prioritizing making a lot of money for the national budget. Lion if you hurt one of my grandkids there is no place you can hide from me shirt Colbert designed an economic model to enliven the French national economy and bring more taxes to the budget. The mercantilist economic doctrine was born from there and Colbert was considered to be the father, who laid the foundation for French economic and colonial policy.