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Is mercantilism a form of socialism?

Updated: 9/21/2023
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11y ago

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No, Mercantilism is an early form of capitalism based on private-ownership of the means of production, the accumulation of capital, and profit-seeking activity driving economic activity.

Mercantilism was not a lassiez-faire type of capitalism, but it is closer to interventionist capitalism.

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11y ago
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Q: Is mercantilism a form of socialism?
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