History, asked by khushbu29, 1 year ago

what is merchantilism

Answers

Answered by Playing1234
10
It is a national economic policy designed to maximize the trade of a nation, and, historically, to maximize the accumulation of gold and silver.
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khushbu29: not sure because it is questions of history
Playing1234: 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. It is often considered an outdated system.
Playing1234: may be this helped you it is more sufficient for histroy
Playing1234: may be this helped you it is more sufficient for history
Answered by Sartgm
5
It is an economic theory and belief where profit earned through trade
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