asked 190k views
4 votes
The Navigation Acts reinforced the British economic policy of _____.

capitalism
communism
mercantilism
socialism

2 Answers

3 votes
The correct answer is mercantilism
answered
User RoundTower
by
8.3k points
5 votes

Answer:

Option c.

Step-by-step explanation:

Mercantilism, is the right answer.

In terms of economics, Mercantilism is a national economic policy which is formed to minimize the imports and maximize the exports of a country. The main aim of these policies is to diminish a potential current account deficiency or arrive a current account excess. Mercantilism incorporates a national economic policy intended at expanding monetary resources through a confident balance of trade, particularly of finished products. Accordingly, the Navigation Acts strengthened the British economic policy of Mercantilism.

answered
User Ravinsp
by
7.8k points
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