4 years ago

Define “MERCANTILISM

History

2 answers:

katrin [286]4 years ago

3 0

Answer:

Belief in the benefits of profitable trading; commercialism.
The economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.

Credit goes to: Google Dictionary

PIT_PIT [208]4 years ago

3 0

Answer:

Mercantilism is the Economic system that was used to increase wealth in countries during the sixteenth to eighteenth centuries.

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