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Economic Systems
Transition from Mercantilism to Capitalism
Simplified Explanation of the Transition
In 1–2 sentences, describe the transition from mercantilism to capitalism in Europe.(2 points)
Write like a fifth grader
1 answer
During the transition from mercantilism to capitalism in Europe, people started to focus more on making profits by producing and trading goods rather than relying on their country's wealth and power.
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