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What is the difference between mercantilism and constructivism?

User Nexxas
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Final answer:

Mercantilism and constructivism are two different economic theories. Mercantilism focused on accumulating precious metals through international trade, government intervention, and control over trade. Constructivism relates to the design and creation of objects and spaces, considering material properties and spatial presence.

Step-by-step explanation:

Mercantilism and constructivism are two different economic theories.

Mercantilism was a dominant economic theory in Europe from the 16th to the 18th centuries. It believed that a nation's wealth was measured by the amount of gold and silver it possessed, so it focused on accumulating precious metals through international trade. Mercantilism was characterized by government intervention and control over trade, colonization of other nations to secure raw materials, and limited belief in free trade. It also emphasized the importance of tariffs, monopolies, and subsidies to protect domestic industries and regulate the economy.

In contrast, constructivism is a theory that relates to the design and creation of objects and spaces. It considers the material properties and spatial presence of an object or structure, focusing on factors like texture, form, and organization. Constructivism is commonly associated with architecture and design.

User Brian Minton
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