21.8k views
5 votes
Describe the underlying philosophy behind mercantilism.

User Najeeb
by
5.3k points

1 Answer

2 votes

Answer:

Underlying this theory was the belief that wealth was finite.

Step-by-step explanation:

Mercantilism was the theory of trade espoused by the major European powers from roughly 1500 to 1800.It advocated that a nation should export more than it imported and accumulate bullion to make up the difference.

User KillaKem
by
4.8k points