After the Renaissance, what was the economic policy of new nations? bartering mercantilism capitalism

Question

History

Bossy

19 February, 22:11

After the Renaissance, what was the economic policy of new nations? bartering mercantilism capitalism

+4

Answers (1)

Know the Answer?

Alicia · Answer 1

The answer to your question is mercantilism. After the Renaissance, mercantilism was the economic policy of the new nations. This economic system was widely used in Europe in the fifteen hundreds and sixteen hundreds which favored equal trading of imports and exports. The national wealth was measured based by the amount of gold and silver.