The Mercantile System, a fundamental economic system where government policies regulated trade with the intention of maximizing exports and minimizing imports, operated primarily by merchants during the 16th to 18th centuries.
An in-depth look at Mercantilism, an economic policy prevalent in the seventeenth and eighteenth centuries, focused on building a nation's wealth through exporting manufactured goods in exchange for gold, as well as its modern implications.
Mercantilism was the primary economic system of trade between the 16th and the 18th centuries, characterized by the belief that the amount of wealth in the world was static, leading to policies aimed at accumulating wealth through a favorable balance of trade.
