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Mila [183]
3 years ago
5

Define “MERCANTILISM

History
2 answers:
katrin [286]3 years ago
3 0

Answer:

  1. Belief in the benefits of profitable trading; commercialism.
  2. 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]3 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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