Question

An early economic system mercantilism was founded on what practice​

Answer 1

Mercantilism was based on trade, and focused around taking resources from a colony to the home country to convert into finished goods and sell in the market.

Answer 2

Mercantilism is an early political and economic system in the 16th through 18th centuries in Europe which was based on international trading of raw materials and manufactured goods. These raw materials and manufactured goods can be found anywhere by blocking off competition from other nations, importing as little as possible