How did mercantilism create rivalries between European?

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2026-04-18 19:10

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Mercantilism fueled rivalries between European nations by promoting the idea that national power was best served by accumulating wealth, primarily through a favorable balance of trade. Countries competed fiercely for colonies and resources, leading to conflicts over territory and trade routes. This competition often resulted in wars and diplomatic tensions, as nations sought to expand their influence and secure exclusive markets. Ultimately, mercantilism intensified nationalistic sentiments and economic competition, deepening divisions among European powers.

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