4 years ago

Describe the underlying philosophy behind mercantilism.

Social Studies

1 answer:

Alborosie4 years ago

8 0

Answer:

Underlying this theory was the belief that wealth was finite.

Explanation:

Mercantilism was the theory of trade espoused by the major European powers from roughly 1500 to 1800.It advocated that a nation should export more than it imported and accumulate bullion to make up the difference.

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