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stira [4]
3 years ago
10

-How did mercantilism affect people in the Old World?

History
1 answer:
Naily [24]3 years ago
6 0

Broadly speaking, Mercantilism was very good for European countries for a while but terrible for their colonies.

Mercantilism made people in the Old World VERY rich.

But, as a result of the imbalance, the relationship between the European countries and their colonies deteriorated making mercantilism good in the short term but bad in the long term.

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