Question

how does mercantilism compare with capitalism, or the free enterprise system?
a. mercantilism is based on economic regulation, while capitalism is based on economic freedom.
b. mercantilism encourages international trade, while capitalism places limits on imports and exports.
c. mercantilism seeks to create a society without classes, while capitalism allows for social inequality.
d. mercantilism promotes agricultural economies, while capitalism promotes industrial economies.

Explanation:

Mercantilism involves government - regulated trade to amass wealth, often through a favorable balance of trade. Capitalism emphasizes economic freedom, with private ownership and market - driven decisions.

Answer:

A. Mercantilism is based on economic regulation, while capitalism is based on economic freedom.