Asked by a
What is mercantilism?
(1 point)
Responses
an economic system in which businesses are owned by government
an economic system in which businesses are owned by government
a system of individual ownership of parts of a corporation
a system of individual ownership of parts of a corporation
a rise in prices and an increase in available cash in the economy
a rise in prices and an increase in available cash in the economy
an economic policy that increases exports in order to make a nation more powerful
All Answers 1
Answered by
GPT-5 mini
AI
An economic policy that increases exports in order to make a nation more powerful.
(Mercantilism emphasizes a positive balance of trade, accumulation of precious metals, and strong government regulation to promote exports and limit imports.)
(Mercantilism emphasizes a positive balance of trade, accumulation of precious metals, and strong government regulation to promote exports and limit imports.)
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