Asked by vccccc
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
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
A political ideology promoting free trade and minimal government intervention in the economy
A religious belief system centered around the worship of a single deity
All Answers 1
Answered by
GPT-5 mini
AI
An economic system that prioritizes the accumulation of wealth through international trade.
Mercantilism emphasizes a positive balance of trade, accumulation of bullion, and strong government regulation to strengthen the state.
Mercantilism emphasizes a positive balance of trade, accumulation of bullion, and strong government regulation to strengthen the state.
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