How is mercantilism different than a market economy?

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asked Feb 5, 2017 232k views

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Shepherd · Answer 1 · 2017-02-10T02:59:31+0000

In mercantilism, the government decide the pricing of the consumer.
In a market economy, an economy is which decisions regarding investment, production, and distribution are based on market determined supply and demand.

How is mercantilism different than a market economy?

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