Mercantilism allows governments to control economies, while the free enterprise system gives individuals more economic control
Mercantilism allows governments to control economies, while the free enterprise system gives individuals more economic control
Mercantilism allows governments to control economies, while the free enterprise system gives individuals more economic control
Mercantilism allows governments to control economies, while the free enterprise system gives individuals more economic control
Mercantilism allows governments to control economies, while the free enterprise system gives individuals more economic control
Under free enterprise, merchants were able to conduct unrestricted international trade. Under mercantilism, international trade was restricted.
Under free enterprise, merchants were able to conduct unrestricted international trade. Under mercantilism, international trade was restricted.
(Apex) Capitalism allows businesses to operate without regulation, while mercantilism is based on strict government control over economies.
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Both systems greatly increased Europeans' total wealth.
Both systems greatly increased Europeans' total wealth.
Capitalism is an economic system. Mercantilism is trading.
The mercantilism system was an economic system prevalent in the 17th and 18th centuries. It relied on the European countries deriving wealth from their colonies.