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History
Economic Systems
Transition from Mercantilism to Capitalism
In 1–2 sentences, describe the transition from mercantilism to capitalism in Europe.
1 answer
The transition from mercantilism to capitalism in Europe marked the shift from a system that focused on accumulating precious metals for the nation's wealth to one that prioritized private ownership, free markets, and the pursuit of profit.
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In 1–2 sentences, describe the transition from mercantilism to capitalism in Europe...
In 1–2 sentences, describe the transition from mercantilism to capitalism in Europe.(2 points)
