Question

what do u mean by the term mercantilism? explain it? ​

Answer 1

Explanation:

an economic theory developed in the 16th to 18th centuries that says that a government should control the economy and that a nation should increase its wealth by selling more than it buys from other nations. Economics. autarchy.

Answer 2

Answer:

Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century. Mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports and so involved increasing trade

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