QUESTION IMAGE
Question
exam lesson name: world regions in the ear
exam number: 700692rr
▶ exam guidelines
▶ exam instructions
question 14 of 20 :
select the best answer for the question.
- whats a concept central to mercantilism?
○ a. theres limited wealth in the world.
○ b. states need to have the same religion.
○ c. to become wealthier, you must share the wealth.
○ d. indigenous people are inferior to europeans.
□ mark for review (will be highlighted on the review page)
<< previous question next question >>
Mercantilism is an economic theory where a nation's wealth is measured by its precious metals, and it assumes the world's wealth is finite. So countries sought to accumulate wealth (like gold) by exporting more than importing, as wealth was seen as limited. Option B is about religion (not central to mercantilism), C goes against mercantilism's focus on national accumulation, and D is about racial views (not central to the economic concept of mercantilism).
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. There's limited wealth in the world.