Question

describe the underlying philosophy behind mercantilism.
question 4
what publication established the modern concept of communism?
the communist revolution by joseph lenin
the communist manifesto by karl marx
common principles by kaiser wilhelm
joseph stalins speeches and letters

Explanation:

Mercantilism's philosophy centered on the idea that a nation's wealth and power were best served by increasing exports and limiting imports to accumulate precious metals like gold and silver. It saw trade as a zero - sum game where one nation's gain was another's loss, and advocated for government intervention in the economy through policies such as tariffs and subsidies to achieve a favorable balance of trade.

The Communist Manifesto by Karl Marx established the modern concept of communism. It outlines the class struggle between the bourgeoisie and the proletariat, and calls for the overthrow of capitalist systems to establish a class - less society.

Answer:

The underlying philosophy of mercantilism is that a nation's economic strength is based on maximizing exports, minimizing imports, and accumulating precious metals, viewing trade as a zero - sum game and supporting government economic intervention for a favorable trade balance.