Nigeria's free digital learning hub. Videos, lecture notes, practice questions and leaderboards aligned with CCMAS, NBTE, NCCE, WAEC, NECO, IJMB and JAMB curricula.
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Nigeria's free digital learning hub. Videos, lecture notes, practice questions and leaderboards aligned with CCMAS, NBTE, NCCE, WAEC, NECO, IJMB and JAMB curricula.
Commerce, enterprise, and mercantilist influence refer to the economic practices and policies that shaped trade and business activities, particularly during the early modern period. Mercantilism emphasized the accumulation of wealth through a favorable balance of trade, where nations sought to export more than they imported and control resources from colonies. This approach encouraged the growth of commerce and enterprise, as merchants and businesses expanded trade networks, established markets, and increased production for export. Governments often supported these activities through regulations, monopolies, and protective tariffs. While mercantilism stimulated economic expansion and the rise of powerful trading nations, it also contributed to colonial exploitation and global economic imbalances that influenced later economic systems.
This lecture is part of HIS 402 Economic History of Nigeria in the 20th Century in the History and International Studies department. The course has 20 recorded lectures across 8 series, all free to watch. Read or download the HIS 402 lecture note to study alongside the video.
