What is mercantilism.
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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.
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the economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism. pls mark me as brilliant
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