Microeconomics: Adam Smith Vs Mercantilists Views On The Nature And Causes Of The Wealth Of Nations
Mercantilists are European economists who existed in the sixteenth and eighteenth centuries. These economists largely contributed to the development of mercantilism, an economic system that is largely focused on increasing the wealth of a country through enforcement of government regulations on commercial activities. Mercantilists’ views on the nature and causes of the wealth of nations […]