Question

question 1 (1 point)
the theory of mercantilism was that there were endless sources of wealth; therefore,
countries didnt need to worry about having enough gold or silver.
true
false
question 2 (1 point)
which of the following colonies generated the most revenue?
south carolina
virginia
barbados
new york

Explanation:

Question 1

Mercantilism held that a nation's wealth was measured by its gold and silver reserves, and countries sought to accumulate them (e.g., via trade surpluses). The statement's claim that countries didn't need to worry about having enough gold/silver goes against mercantilist theory.

Barbados, as a Caribbean colony, had a highly profitable sugar plantation economy in the colonial era, generating significant revenue. South Carolina, Virginia, and New York had different economic focuses (e.g., tobacco, diverse trade) but Barbados' sugar industry was extremely lucrative.

Answer:

B. False

Question 2