What does mercantilism require from the government? Minimal intervention Heavy government intervention Occasional intervention No intervention

Mercantilism requires heavy government intervention. Mercantilism is an economic theory that was prevalent in Europe during the 16th to the 18th century. It emphasizes the importance of maintaining a positive balance of trade and accumulating precious metals, such as gold and silver. To achieve this, governments implemented policies that promoted exports and restricted imports through tariffs and other trade barriers. This led to heavy government intervention in the economy, including the establishment of trade monopolies, the provision of subsidies to domestic industries, and the implementation of mercantilist policies to protect domestic industries from foreign competition.