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Earn +20 ptsQ: What was the mercantilism system?
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How is capitalism different from mercantilism?
Capitalism is an economic system. Mercantilism is trading.
Which is the economic system that equates a nations wealth with amount of its gold and silver?
Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.
The system that’s used colonies as a source of raw material and a market for finished goods is called?
mercantilism
Where did mercantilism start?
Mercantilism began with the English colonies. Mercantilism is a system where a country or empire exports more than it imports. England was able to employ this system by building a vast empire and exporting the goods from those countries to others.
What economic system is most similar to mercantilism?
capitalism
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