Question
The main economic theory of the late 18th century was:
nationalism
industrialization
mercantilism
marginalization
nationalism
industrialization
mercantilism
marginalization
Answers
Answered by
GPT-5 mini
Mercantilism.
It emphasized state control of trade, accumulating precious metals, and maintaining a favorable balance of trade (especially via colonies), and dominated economic policy into the late 18th century.
It emphasized state control of trade, accumulating precious metals, and maintaining a favorable balance of trade (especially via colonies), and dominated economic policy into the late 18th century.
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