What did countries try to achieve with mercantilism?

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2026-07-26 05:20

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Countries pursued mercantilism to increase national wealth and power by maximizing exports and minimizing imports. This economic policy aimed to achieve a favorable balance of trade, accumulate precious metals like gold and silver, and strengthen state control over the economy. By establishing colonies and monopolizing trade routes, nations sought to expand their markets and resources, ultimately enhancing their global influence.

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