Economic Foundations of Military Power

BOARD WORK NR. 1

1. Define Mercantilism. Explain the characteristics of

Mercantilism.

2. What was Britain’s Navigation Acts? Explain its relationship

with Mercantilism.

Economic Foundations of Military Power

BOARD WORK NR. 2

1. Why did Adam Smith support the Navigation Acts in spite of

his Laissez-Faire Theory?

2. Describe the popular attitude towards a standing army during

the time of Adam Smith. What was Smith’s position regarding a standing

army?

Economic Foundations of Military Power

BOARD WORK NR. 3

1. Explain Hamilton’s “infant industry” argument.

2. What was his view on the creation of a professional army?

Economic Foundations of Military Power

BOARD WORK NR. 4

1. How did List relate wealth and power?

2. Describe List’s view of German unification