Mercantilism aimed to strengthen a nation's economy by promoting a favorable balance of trade, primarily through maximizing exports and minimizing imports. It sought to accumulate precious metals, such as gold and silver, as a measure of wealth and power. Additionally, mercantilist policies encouraged government intervention in the economy, including tariffs and subsidies, to protect domestic industries and expand colonial holdings. Ultimately, mercantilism aimed to enhance national strength and self-sufficiency.
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