What did Colbert raise to develop the domestic economy?
Tariffs
Taxes
Wages
Prices
Answer
Tariffs, a form of taxation on imported goods, were implemented by Colbert to foster the growth of domestic industries and protect them from foreign competition. This policy aimed to stimulate domestic production, create employment opportunities, and reduce reliance on imported goods. By imposing tariffs, Colbert sought to make imported goods more expensive, thereby encouraging consumers to purchase domestically produced goods instead.
Colbert's Chronicles: Unveiling the Legacy of France's Mastermind
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