Social Sciences, asked by princepiuspanna, 1 year ago

What us
Mercantilism?​

Answers

Answered by bhagatg433
0

Answer:

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.

hope it help u

Answered by maimsahmed
1

Answer:

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 It is often considered an outdated system.

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