When did most of the manufacturing take place under mercantilism?

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2026-07-08 07:41

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Most manufacturing under mercantilism took place from the 16th to the 18th centuries. This economic theory emphasized the importance of accumulating wealth, primarily gold and silver, through a favorable balance of trade. During this period, manufacturing was often concentrated in Europe, particularly in countries like England, France, and the Netherlands, where governments promoted industries to boost exports and limit imports. The rise of colonialism also facilitated the extraction of resources to support these manufacturing endeavors.

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