Question

The goal of mercantilism was for a country to ...


collect as much bullion as possible


collect as much bitcoin as possible

Answer 1

The goal of mercantilism was for a country to **collect as much bullion as possible**. Mercantilism was an economic theory and practice that dominated Europe from the 16th to the 18th century, emphasizing the importance of accumulating precious metals like gold and silver to enhance national power and wealth. The idea was that a country’s strength could be measured by its stock of bullion, and thus, fostering exports, limiting imports, and acquiring colonies were common strategies to achieve this goal.