Why did people protest against mercantilism?

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2026-08-20 06:30

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People protested against mercantilism because it restricted free trade and favored monopolies that limited competition, leading to higher prices and reduced consumer choices. Additionally, the system often prioritized the interests of the state and wealthy merchants over those of the common people, resulting in economic inequality. Critics argued that mercantilist policies stifled innovation and entrepreneurship, ultimately hindering economic growth and individual freedoms. This discontent contributed to broader movements advocating for free-market principles and capitalism.

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