What is mercantilism?
A.
an economic system in which businesses are owned by government
B.
a system of individual ownership of parts of a corporation
C.
a rise in prices and an increase in available cash in the economy
D.
an economic policy that increases exports in order to make a nation more powerful
1 answer
D. Mercantilism is an economic policy that emphasizes the importance of increasing exports and accumulating wealth in order to strengthen a country's power and position in the world. This policy was popular in Europe during the 16th to 18th centuries.