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Sholpan [36]
3 years ago
7

Why did Adam Smith oppose mercantilism?

Social Studies
1 answer:
netineya [11]3 years ago
4 0

Answer:

The mercantilist nations believed that the more gold and silver they acquired, the more wealth they possessed. Smith believed that this economic policy was foolish and actually limited the potential for "real wealth," which he defined as "the annual produce of the land and labor of the society."

Explanation:

i dont know if you still need this but uh there ya go lol

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