Question

In Europe,______ became a popular economic theory and practice from the 17th century which propounded large - scale production and exports for goods. ​

Answer 1

Answer:

Mercantilism was the primary economic system of trade between the 16th and the 18th centuries with theorists believing that the amount of ...

Answer 2

Answer:

In Europe,______ became a popular economic theory and practice from the 17th century which propounded large - scale production and exports for goods.

Explanation:

Mercantilism, which reached its height in the Europe of the seventeenth and eighteenth centuries, was a system of statism which employed economic fallacy to build up a structure of imperial state power, as well as special subsidy and monopolistic privilege to individuals or groups favored by the state.