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31 August, 22:56

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

+1
Answers (1)
  1. 31 August, 23:14
    0
    (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.
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