what is mercantilism?
its definition is relative to mercantile capitalism meaning that this was the first stage of capitalism that based on trade.It took place between 1500 and 1750
Why Africa resistances failed (explain)
the economic theory that trade increases wealth
is a system in which a country attempts to amass wealth through trade with other countries, exporting more than it imports and increasing stores of gold and precious metals. It is often considered an outdated system.