Taking raw materials and turning them into new goods to sell for gold or silver is

(1 point)
Responses

a forbidden practice by Britain during the Colonization Era.
a forbidden practice by Britain during the Colonization Era.

a romanticized version of being the "middle man" outlawed in 1889.
a romanticized version of being the "middle man" outlawed in 1889.

the goal of Mercantilism.
the goal of Mercantilism.

essentially highway robbery of poor underdeveloped nations.

1 answer

The correct response is:

the goal of Mercantilism.

Mercantilism was an economic theory prevalent in the 16th to 18th centuries that emphasized the role of the state in managing the economy, particularly through the accumulation of gold and silver and the establishment of a favorable balance of trade.