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European countries practiced an economic system called mercantilism. How did it work?

User RandomKek
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2 Answers

16 votes
16 votes

Answer:

mercantilism came from latin word meaning buyer.

Step-by-step explanation:

it was used by the government on their economies to increas state power by expense of other countries usually poor and african countries.

User Webpreneur
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14 votes
14 votes

Answer:

This is How

Step-by-step explanation:

In mercantilism, the goal is to maximize exports and minimize imports. This is to create a surplus. Surplus will result in an economic boom.

User Richardsonae
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