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What system does the passage describe?

"It is the object of that system to enrich a great nation rather by trade and manufacturing than by the improvement and cultivation of land, by the industry of the towns rather than by that of the country."

User Mwhuss
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2 Answers

1 vote

the answer is b the one that starts with a m

User NicoleZ
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The passage describes the principles behind mercantilism.

The excerpt refers to a system which prioritizes the enrichment using trade as its main focus, instead of farming ("[...] enrich a great nation rather by trade and manufacturing than by the improvement and cultivation of land [...]").

Mercantilism is also known to stimulate the industry and urbanization growth, a fact that is explicit in the passage. A country with developed mercantilism had a policy that maximized exportation and industrialization through economic policies and interventionism.

User NaveenThally
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