History, asked by piyushpal91, 11 months ago

what was the basis of mercantilism?

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Answered by divyagupta2
4

Explanation:

First popularized in Europe during the 1500s, mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports, in an effort to collect precious metals like gold and silver. Mercantilism replaced the feudal economic system in Western Europe

Answered by priya2296
5

Answer:

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