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Yakvenalex [24]
3 years ago
7

What is the definition of mercantilism?

Social Studies
2 answers:
WARRIOR [948]3 years ago
7 0
Mercantilism practices or spirit; commercialism.
Wittaler [7]3 years ago
7 0

Answer:

Explanation:

Mercantilism is an economic system of trade with a theory that trade generates wealth that is a  belief in the benefits of profitable trading.it lasted from the 16th century to the 18th century where Mercantilism banked believing that the world's wealth was static, and consequently. Most European nations tried to accumulate the largest possible share of that wealth by maximizing their exports and by limiting their imports via tariffs.

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