Question

Examine the main features of mercantalism​

Answer 1

Characteristics of Mercantilism

Accumulation of Gold. Gold was associated with wealth and power. ...

Belief that Wealth is Static. At the heart of mercantilism was the belief that wealth was static. ...

Large Population. ...

Positive Balance of Trade. ...

Reliance on Colonies. ...

State Monopolies. ...

Trade Barriers. ...