Ask Question
9 November, 20:52

A market economy relies on the free market to set pricing through supply and demand. How is mercantilism different than a market economy?

+5
Answers (1)
  1. 10 November, 00:41
    0
    Mercantilism is the belief in the benefits of profitable trading; commercialism. and a market economy is in which economic decisions and the pricing of goods and services are guided solely by the aggregate interactions of a country's individual citizens and businesses. There is little government intervention or central planning.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A market economy relies on the free market to set pricing through supply and demand. How is mercantilism different than a market economy? ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers