What was a mercantile system?

A. Government system in which one country dominated another
B. Economic system in which specific trading privileges were shared with multiple countries
C. Economic system based on strict government control of foreign trade
D. System of government heavily influenced by gold and silver

Question

10-07-2024
History

Answered

What was a mercantile system?

A. Government system in which one country dominated another
B. Economic system in which specific trading privileges were shared with multiple countries
C. Economic system based on strict government control of foreign trade
D. System of government heavily influenced by gold and silver

Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-07-10T10:22:10-04:00

Final answer:

Mercantilism was an economic policy focusing on accumulating gold and silver through government-controlled foreign trade to enhance national wealth and power.

Explanation:

Mercantilism was an economic policy aimed at accumulating gold and silver through strict government control of foreign trade. This system involved practices such as monopolies, bans on goods, high tariffs, and exclusivity requirements to enhance national wealth and power.

Learn more about Mercantilism here:

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