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1 vote
Which statement best describes a key aspect of

mercantilism?
(1) removing tariffs to increase free trade between
empires
(2) acquiring colonies to provide a favorable
balance of trade
(3) eliminating private ownership of the means of
production
(4) encouraging subsistence agriculture

2 Answers

3 votes

Answer:

(B) acquiring colonies to provide a favorable

balance of trade

Step-by-step explanation:

User Baseten
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(2) Acquiring colonies to provide a favorable balance of trade.

Mercantilism was the theory that trade generates wealth and peer, so gathering colonies that stimulate trade would fall under mercantilism.
User Kamau
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