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What is marcantilism?

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Anonymous

∙ 14y ago
Updated: 12/11/2022

it isperiod of timethat isno development.

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Wiki User

∙ 14y ago
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How is marcantilism related to exploration?

I'm not exactly sure, hard to explain it, ask a teacher is probably your best chance.


What statement best describes the theory of marcantilism?

Mercantilism was an economic theory prevalent in the 16th to 18th centuries that promoted government intervention in the economy to increase a nation's wealth through exporting more than importing, accumulating gold and silver, and maintaining a favorable balance of trade. It emphasized protectionist policies like tariffs and subsidies to support domestic industries and create a strong, self-sufficient economy.


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