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27 July, 20:39

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."

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  1. 27 July, 20:44
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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.
  2. 27 July, 21:05
    0
    the answer is b the one that starts with a m
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