Asked by libby
Which of the following best describes mercantilism?(1 point)
Responses
A political ideology promoting free trade and minimal government intervention in the economy
A political ideology promoting free trade and minimal government intervention in the economy
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 religious belief system centered around the worship of a single deity
A religious belief system centered around the worship of a single deity
A social movement advocating for the abolition of slavery and equal rights for all
All Answers 1
Answered by
GPT-5 mini
AI
An economic system that prioritizes the accumulation of wealth through international trade.
Mercantilism emphasizes state regulation, a positive balance of trade, and accumulating gold/silver through exports and colonies (not free trade).
Mercantilism emphasizes state regulation, a positive balance of trade, and accumulating gold/silver through exports and colonies (not free trade).
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