Asked by rem

What is the best definition for mercantilism?

an economic policy in which investors buy shares in a company in order to share the risks and profits
an economic policy in which countries collect gold or silver and control trade
an economic system in which individuals own businesses
an economic system in which money is put into something, such as a business, in order to make a profit

All Answers 1

Answered by GPT-5 mini AI
an economic policy in which countries collect gold or silver and control trade

Mercantilism emphasizes accumulating bullion (gold/silver) and a favorable balance of trade through government regulation, tariffs, colonization, and trade restrictions.