Question

What economic system prevalent in Europe in the sixteenth venture involved using one's wealth to create more wealth?

A) mercantilism
B) capitalism
C) colonialism
D) reformism

Answer 1

Correct answer choice is:

A) mercantilism

Step-by-step explanation:

Mercantilism is a nationwide financial strategy that is invented to maximize the business of a state and, historically, to maximize the growth of gold and silver. Mercantilism was a successful financial theory in the 17th and 18th centenaries. In this rule, the British colonists were moneymakers for the parent land. The British put constraints on whereby their communities paid their cash so that they could regulate their earnings.

Answer 2

A. Mercantilism was the economic system prevalent in Europe in the sixteenth century that involved using one's wealth to create more wealth.