Jean-Baptiste Colbert was a French statesman who served as the Minister of Finance under King Louis XIV from 1665 until his death in 1683. He is best known for his role in developing the economic policies known as mercantilism, which aimed to strengthen France's economy by increasing exports and reducing imports. Colbert implemented various reforms to improve trade, industry, and agriculture, making France a leading economic power in Europe. Colbert also focused on enhancing the French navy and promoting colonial expansion, which helped secure resources and markets for French goods. His efforts laid the groundwork for the future prosperity of France, although some of his policies faced criticism for being overly restrictive and favoring certain industries.