Question

What is Mercantilism. explain in brief​

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.

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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.Apr 28, 2020