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lora16 [44]
3 years ago
14

What economic activity is at the heart of mercantilism

History
1 answer:
joja [24]3 years ago
5 0
High tariffs on industrial products I think. 
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Herbert Hoover was the US president during the Great Depression. Even though the blame of Great Depression cannot be put on his policies, his strategies adopted to tackle Great depression failed pathetically. He believed that businesses deciding to not cut down the wages of workers would stop consumption rates from falling down and stabilize the economy.

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