asked 161k views
3 votes
What system does the passage describe?

"It is the object of that system to enrich a great nation rather by trade and manufacturing than by the improvement and cultivation of land, by the industry of the towns rather than by that of the country."

asked
User Mwhuss
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7.9k points

2 Answers

1 vote

the answer is b the one that starts with a m

answered
User NicoleZ
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7.4k points
3 votes

The passage describes the principles behind mercantilism.

The excerpt refers to a system which prioritizes the enrichment using trade as its main focus, instead of farming ("[...] enrich a great nation rather by trade and manufacturing than by the improvement and cultivation of land [...]").

Mercantilism is also known to stimulate the industry and urbanization growth, a fact that is explicit in the passage. A country with developed mercantilism had a policy that maximized exportation and industrialization through economic policies and interventionism.

answered
User NaveenThally
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8.4k points
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