Classifier Instance:

Anchor text: England
Target Entity: England
Preceding Context: Arguments have been made for the historical promotion of mercantilism in Europe since recorded history, with authors noting the trade policies of Athens and its Delian League specifically mention control of value of trade in bullion as necessary for the promotion of the Greek polis. Additionally, the noted competition of medieval monarchs for control of the market town trade and of the spice trade, as well as the copious documentation of Venice, Genoa, and Pisa regarding control of the Mediterranean trade of bullion clearly points to an early understanding of mercantilistic principles. However, as a codified school, mercantilism's real birth is marked by the Empiricism of the Renaissance, which first began to quantify large-scale trade accurately.
Succeeding Context: began the first large-scale and integrative approach to mercantilism during the Elizabethan Era (1558–1603). An early statement on national balance of trade appeared in Discourse of the Common Weal of this Realm of England, 1549: "We must always take heed that we buy no more from strangers than we sell them, for so should we impoverish ourselves and enrich them." The period featured various but often disjointed efforts by the court of Queen Elizabeth to develop a naval and merchant fleet capable of challenging the Spanish stranglehold on trade and of expanding the growth of bullion at home. Queen Elizabeth promoted the Trade and Navigation Acts in Parliament and issued Orders in Council to her Admiralty for the protection and promotion of English shipping. A systematic and coherent explanation of balance of trade was made public through Thomas Mun's c.1630 "England's treasure by forraign trade, or, The balance of our forraign trade is the rule of our treasure"
Paragraph Title: Influence
Source Page: Mercantilism

Ground Truth Types:

Predicted Types:

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