How did the policies of Colbert and Louis XIV positively and negatively affect the French economy?
1 Answer
Apr 24, 2017
Colbertism helped strengthen the size of government in the economy but was quite unpopular.
Explanation:
Colbert was a major figure of Louis XIV's reign and his philosophy can be described as an synonym of protectionism. It contributed to the increase of government's grip on the economy nevertheless he was quite unpopular to such an extent that there was cheering when he died in the streets of Paris.