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11 July, 11:33

What is the one commonality between capitilsm and mercantilism?

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  1. 11 July, 11:43
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    Capitalism is the process selling goods & services for profit to buy goods & services. Mercantilism is the process of buying raw materials and transforming them into a manufactured good.

    Mercantilism works in Capitalism, as both buy and sell goods. But Mercantilism specifically buys goods to recreate or process them for a product and sell it for profit.
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