Which of the following is NOT a way Louis XIV's Minister of Finance increased France's wealth?

Louis XIV's Minister of Finance, Jean-Baptiste Colbert, implemented several strategies to enhance France's wealth and strengthen its economy. One key part of this process involved encouraging domestic industries and improving agricultural practices, which were vital for self-sufficiency and to foster a vibrant economy.

While implementing new taxes helped raise government revenue, it was the focus on domestic growth that primarily contributed to wealth accumulation. Colbert emphasized reducing dependence on foreign goods, which aligns with mercantilist principles that were prevalent at the time. This economic philosophy advocated for a favorable balance of trade, meaning that a nation should export more than it imports to accumulate wealth.

In contrast, buying a lot of goods from England would have undermined these objectives, as it would contribute to financial outflow rather than strengthening France's economic independence and wealth. Thus, this approach was inconsistent with Colbert's vision for France’s economic policy.