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What is the best definition for mercantilism?

1) an economic policy in which investors buy shares in a company in order to share the risks and profits

2) an economic policy in which countries collect gold or silver and control trade

3) an economic system in which individuals own businesses

4) an economic system in which money is put into something, such as a business, in order to make a profit

User Bucq
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1 Answer

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Answer:

2) an economic policy in which countries collect gold or silver and control trade

Step-by-step explanation:

The economic policy known as mercantilism is the idea of countries controlling trade and collecting gold and silver to get wealthier, the main goal of mercantilism is to not allow the imports of a country to surpass the exports, this way you have a positive surplis when comparing exports and imports, when a country exports more than it imports it increaes its wealth. That is mercantilism.

User James Dunay
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