Question

Which of the following statements accurately describes the economic policy of mercantilism?

a. It downplayed the role of government in stimulating economic growth.
b. It discouraged the establishment of overseas colonies.
c. It encouraged trade by abolishing laws that regulated trade.
d. It was based on a belief that a nation’s real wealth was measured in its gold and silver treasure.

Answer 1

D

Step-by-step explanation:

Answer 2

The best answer is letter a. It downplayed the role of government in stimulating economic growth.

>>The main goal of mercantilism was to increase a nation's wealth by imposing government regulation concerning all of the nation's commercial interests.
It sticks to the belief that the national strength can be maximized by limiting imports via tariffs and maximizing exports.