History, asked by sarthakgujjar1122, 10 days ago

What is Mercantilisms?​

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Answered by Cricketerp23
0

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.

Explanation:

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Answered by shabarish14
1

Explanation:

Mercantilism is an economic practice by which governments used their economies to augment state power at the expense of other countries. Governments sought to ensure that exports exceeded imports and to accumulate wealth in the form of bullion (mostly gold and silver).

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