Mercantilism introduced a new way to make profit and gain international influence by promoting the foreign trade of select resources.
During the 1500s to 1800s, mercantilism changed the world by regulating trade and production.
Mercantilism refers to the economic policy that rises exports by creating a fall in imports.
Mercantilism helped in influencing the trading and production of goods by increasing the profits and the market share by capturing foreign sectors. It prevents the unnecessary creation of colonies by putting trade restrictions.
Therefore, the regulation of manufacturing and trading under mercantilism changed the world in the 1500s.
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