Question

4. (04.05 MC)

How did mercantilism operate as a push factor for some European states during the Age of Exploration? (5 points)
O Mercantilism pushed some states to find new places where gold and silver could be gathered.
O Mercantilism pushed some states to find new settlements to address overpopulation.
O Mercantilism pushed some states to find new sources of cheap labor.
O Mercantilism pushed some states to engage in war with other states.

Answer 1

Answer: First answer choice. (Mercantilism pushed some states to find new places where gold and silver could be gathered.)

Explanation: Mercantilism is the theory prevalent in especially in Europe that wealth (during trade) is limited. Hence, Europeans wanted to trade with other continents. At its time, its only major trading partner was China, which required Europeans to pay in gold or sliver for goods they wanted. Hence, Europe had to find gold and sliver (gain more wealth because wealth was limited), and "discovered" Americas and find gold and sliver.