History, asked by ilovevirat82751, 9 months ago

What are the causes of decline of mercantilism?

Answers

Answered by yashjames72

Answer:

The cause for the decline in Mercantilism came from the usage of its policies. Spain followed a strongly Mercantilist set of policies. It pushed to accumulate as much Bullion as possible (via extraction from South America) and as a result had tremendous inflation.

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