Answer :

Final answer:

The economy in the 16th and 17th centuries was dominated by mercantilism, colonial trade, protectionist policies, and wealth accumulation through exports.


Explanation:

The economy in the 16th and 17th centuries was predominantly mercantilist in nature, characterized by an emphasis on colonial trade, protectionist policies, and the accumulation of wealth through exports. This era witnessed the consolidation of the European world economy, marked by economic power shifts and the rise of empires like Britain against a backdrop of economic restructuring and conflicts.


Learn more about Economy in the 16th and 17th centuries here:

https://brainly.com/question/28494480