हिंदी

With reference to Mercantilism answer the following question:What is meant by the term Mercantilism?

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प्रश्न

With reference to Mercantilism answer the following question:
What is meant by the term Mercantilism?

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उत्तर

Mercantilism refers to a collection of economic maxims of strict practical utility aimed at maintaining a favorable balance of trade by discouraging imports and encouraging exports. These were meant to ensure the prosperity and security of the state.

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अध्याय 12: The Modern Age in Europe - (B) Reformation - Structured Questions

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मॉर्निंग स्टार Total History and Civics [English] Class 9 ICSE
अध्याय 12 The Modern Age in Europe - (B) Reformation
Structured Questions | Q 6.1
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