Question

What is mercantilism.
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Answer 1

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→Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century.

→ Under mercantilism, nations frequently engaged their military might to ensure local markets and supply sources were protected, to support the idea that a nation's economic health heavily relied on its supply of capital.

Answer 2

$\begin{lgathered}\boxed{\begin{minipage}{8 cm}\bf{Mercantilism, also called "commercialism," is a system in which a country attempts to amass wealth through trade with other countries, exporting more than it imports and increasing stores of gold and precious metals.}\end{minipage}}\end{lgathered}$*

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