Which of the following policies accurately describes the economic policy of mercantilism?
Saturday, November 29th, 2008Tan V asked:
a)It downplayed the role of the governmen 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 the belief that a nation’s real wealth was measured in its gold and silver treasure.
Tristan
a)It downplayed the role of the governmen 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 the belief that a nation’s real wealth was measured in its gold and silver treasure.
Tristan
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