Globally, what happened to economic systems after 1450? (1 point)(1 point)

Question

Responses

Capitalism was replaced by mercantilism as the world’s most common economic system.
Capitalism was replaced by mercantilism as the world’s most common economic system.

Indentured servitude was replaced by capitalism as the world’s most common economic system.
Indentured servitude was replaced by capitalism as the world’s most common economic system.

Mercantilism was replaced by capitalism as the world’s most common economic system.
Mercantilism was replaced by capitalism as the world’s most common economic system.

Highland Clearances were replaced by mercantilism as the world’s most common economic system.

Answer 1

The correct response is:

Mercantilism was replaced by capitalism as the world’s most common economic system.