Which was a feature of mercilitism?

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2026-08-18 03:51

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Mercantilism was characterized by the belief that a nation's wealth and power were best served by increasing exports and collecting precious metals like gold and silver. It emphasized a favorable balance of trade, where exports surpassed imports, and commonly involved strong government intervention in the economy to promote national interests. Additionally, mercantilist policies often included establishing colonies to secure resources and markets.

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