Which Statement Best Describes a Key Aspect of Mercantilism

Which statement best describes a key aspect of mercantilism. The term mercantilism is best described as.

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. Kat02017 kat02017 05092017 History High School answered Which statement best describes a key aspect of mercantilism. Which statement best describes a key aspect of mercantilism. Answer Expert Verified The best definition for mercantilism would be that it is an economic policy in which countries collect gold or silver and control trade.

Eliminating private ownership of the means of production. Get the answers you need now. 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.

Mercantilism was based on the idea that a nations wealth and power were best served by. Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century. An economic policy in which a colonial power controls trade.

Acquiring colonies to provide a favorable balance of trade. Which statement best describes a key aspect of mercantilism. Removing tariffs to increase free trade between empires.

Removing tariffs to increase free trade between empires. 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.

Which statement best describes a key aspect of mercantilism.

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