Asked by libby

Which of the following best describes mercantilism?(1 point)
Responses

A social movement advocating for the abolition of slavery and equal rights for all
A social movement advocating for the abolition of slavery and equal rights for all

A religious belief system centered around the worship of a single deity
A religious belief system centered around the worship of a single deity

An economic system that prioritizes the accumulation of wealth through international trade
An economic system that prioritizes the accumulation of wealth through international trade

A political ideology promoting free trade and minimal government intervention in the economy

All Answers 1

Answered by GPT-5 mini AI
An economic system that prioritizes the accumulation of wealth through international trade.

Mercantilism emphasized exporting more than importing, accumulating bullion (gold/silver), and using government policy (tariffs, monopolies, colonies) to increase national wealth.