Changes

==America==

==America==

As mercantilism was the British policy at the time of the [[American Revolution]], the [[United States]] initially rejected mercantilism.  Though many of the [[Federalist]]s, especially [[Alexander Hamilton]], were huge proponents of mercantilism, disagreeing only with who was in charge,<ref>[https://www.cato.org/blog/alexander-hamilton-banking-mercantilist Alexander Hamilton, Banking Mercantilist]</ref> by and large the Founding Fathers found the work of [[Adam Smith]] with free capitalist markets and economic individualism to be much the superior.<ref>[https://www.google.com/books/edition/Economics/O5i-d3thv-4C?hl=en&gbpv=1&pg=PA52 Economics - Theory and Practice]</ref>

As mercantilism was the British policy at the time of the [[American Revolution]], the [[United States]] initially rejected mercantilism.  Though many of the [[Federalist]]s, especially [[Alexander Hamilton]], were huge proponents of mercantilism, disagreeing only with who was in charge,<ref>[https://www.cato.org/blog/alexander-hamilton-banking-mercantilist Alexander Hamilton, Banking Mercantilist]</ref> by and large the Founding Fathers preferred the work of [[Adam Smith]] with free capitalist markets and economic individualism.<ref>[https://www.google.com/books/edition/Economics/O5i-d3thv-4C?hl=en&gbpv=1&pg=PA52 Economics - Theory and Practice]</ref>

==References==

==References==

{{reflist}}

{{reflist}}