How does mercantilism compare with capitalism, or the free enterprise system?

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asked Aug 27, 2023 5.2k views

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Evolvedmicrobe · Answer 1 · 2023-09-03T01:43:46+0000

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1. Capitalism views wealth creation as the key to economic growth while mercantilism believes that economic prosperity can be achieved through the extraction of wealth. 2. A capitalist society supports a competitive business environment while mercantilism advocates monopoly.

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How does mercantilism compare with capitalism, or the free enterprise system?

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