Describe the world marcantilism ?
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Mercantilism is an economic practice by which governments used their economies to augment state power at the expense of other countries. ... In mercantilism, wealth is viewed as finite and trade as a zero-sum game. Mercantilism was the prevalent economic system in the Western world from the 16th to the 18th century.
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mercantilism is an economic policy that is designed to maximize the exports and minimize the imports for an economy. it promotes imperialism, tariffs and subsidies on traded good to achieve the goal.
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