select the correct answer. which economic system prevalent in europe in the sixteenth century involved using…

select the correct answer. which economic system prevalent in europe in the sixteenth century involved using one’s wealth to create more wealth? a. mercantilism b. capitalism c. colonialism d. reformism

select the correct answer. which economic system prevalent in europe in the sixteenth century involved using one’s wealth to create more wealth? a. mercantilism b. capitalism c. colonialism d. reformism

Answer

Answer:

A. mercantilism

Brief Explanations:

Mercantilism in 16th - century Europe aimed to increase a nation's wealth by trade - based policies, using wealth to generate more wealth. Capitalism became more dominant later. Colonialism is about territorial expansion, not mainly about using wealth to create wealth. Reformism is about making changes, not an economic system for wealth - creation in this context.