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Question
which conclusion regarding mercantilism is most likely accurate?
a mercantilism promoted the accumulation of gold and silver by governments.
b mercantilism encouraged free trade between colonies and other countries.
c mercantilist countries encouraged political freedom for colonies.
d mercantilist policies favored negative trade balances.
Mercantilism was an economic theory focused on accumulating national wealth, primarily through gold and silver reserves, achieved via government policies like trade surpluses, colonial control, and restricted free trade. Option A aligns with this core tenet. Option B is wrong because mercantilism restricted, not encouraged, free trade for colonies. Option C is incorrect as mercantilism relied on colonial subjugation, not political freedom for colonies. Option D is wrong because mercantilism aimed for positive (surplus) trade balances, not negative ones.
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A. Mercantilism promoted the accumulation of gold and silver by governments.