37.9k views
5 votes
Why did many European countries experience economic growth while their

governments practiced mercantilism?

User Bukkojot
by
5.3k points

2 Answers

5 votes

Answer:

They were able to get large volumes of resources from the colonies they had claimed overseas.

Step-by-step explanation:

User Edrevo
by
5.3k points
5 votes

Answer:

Step-by-step explanation: Many European countries experienced economic growth with the practice of Mercantilism by the accumulation of wealth from the extraction of precious metals with which they were invested in production, thus creating economic opportunities and greater sources of employment, in the same way exports were expanded and they reduced imports, since they were opposed to free trade as such, which ultimately led to the mercantilist countries to prosperity and the rise of economically speaking internal wealth.

User Martijn Visser
by
5.7k points