Question

mercantilism was a precursor to colonialism.discuss the reason which led to rise of mercantilism'

Answer 1

Answer:

Mercantilism was the main economic system of trade utilized from the 16th to 18th century. Mercantilist theorists believed that the amount of wealth in the world was static. Thus, European nations took several strides to ensure their nations accumulated as much of this wealth as possible

Explanation:

Answer 2

You can start with the effect of colonialism that can be followed up by the expansion of the power and then moving toward mercantilism.

Then explain the economic theory along with the prosperity on which it depends on.

You can also make suggestions on their role and active rules and then wrap it up with a final term.