helenzhengx helenzhengx
  • 19-10-2020
  • History
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What economic changes occurred in Europe as a result of mercantilism and
capitalism?

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jackiejackson53
jackiejackson53 jackiejackson53
  • 19-10-2020

Answer:

Mercantilism in Great Britain consisted of the economic position that, in order to increase wealth, its colonies would be the supplier of raw materials and exporter of finished products. Mercantilism brought about many acts against humanity, including slavery and an imbalanced system of trade.

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