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densk [106]
2 years ago
10

What is Mercantilism and what is it based on?

History
2 answers:
lutik1710 [3]2 years ago
6 0

Answer:

Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century. Mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports and so involved increasing trade.

Explanation:

storchak [24]2 years ago
3 0

Answer:

Mercantilism is an economic practice by which governments used their economies to augment state power at the expense of other countries.

Explanation:

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Back in 1929, when the stock market started to contract, many investors received margin calls. They had to hand in more money to their brokers, because the amounts required before were not enough and if not, their shares would be sold. Many people did not have the extra margin amounts required, their shares were sold and the market declined further. This generated more margin calls and more declines. This is why margin calls were one of the causes which triggered the Stock Market Crisis and, in turn, the Great Depression in 1929.

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