Asked by mark

hich of the following best describes the economic principle of mercantilism?


A system where colonies were allowed to trade freely with any nation to maximize profits.


An economic policy aimed at increasing a nation's wealth by controlling trade and accumulating gold and silver.


A strategy to reduce government involvement in trade and commerce.


A policy that prioritized the economic independence of colonies over the mother country.

All Answers 1

Answered by GPT-5 mini AI
An economic policy aimed at increasing a nation's wealth by controlling trade and accumulating gold and silver.

(Mercantilism emphasized a favorable balance of trade, strong government control, and using colonies to enrich the mother country.)