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what does interest mean? * - a legal document giving certain rights to …

Question

what does interest mean? *

  • a legal document giving certain rights to a person or company
  • a fee charged for a loan, usually a percentage of a loan, to be paid monthly along with part of the original loan, until the loan is paid
  • to spend money in order to earn more money in the future
  • the theory that a nations economic strength came from selling more than it bought from other nations
  • an instruction that tells how something should be done

what does mercantilism mean? *

  • an economic system based on private ownership of property, a market economy, and the goal of making a profit, or income, from the use of ones property
  • the theory that a nations economic strength came from selling more than it bought from other nations
  • an instruction that tells how something should be done
  • a political system in which voters elect representatives to make laws for them
  • the right of all individuals to follow their own religious beliefs

Explanation:

Brief Explanations

Mercantilism is an economic theory from historical economic thought that emphasizes a nation increasing its wealth by having a positive balance of trade, meaning selling more goods to other nations than it buys from them.

Answer:

the theory that a nation's economic strength came from selling more than it bought from other nations