Mercantilism places great faith in government to improve the well-being of people, using economic controls.

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Mercantilism is a economic system that relies heavily on government intervention and control to increase the wealth and power of the nation. Mercantilists believed that the accumulation of gold and silver was essential to a nation's economic success, and therefore advocated for policies such as tariffs, subsidies, and restrictions on imports and exports to achieve this goal.

Mercantilism Places Great Faith in Government to Improve the Well-Being