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the economic policy of mercantilism first developed during the a) age of exploration b ) enlightenment c) cold war d) green revolution

Question

The economic policy of mercantilism first developed during the A) Age of Exploration B ) Enlightenment C) Cold War D) Green Revolution A B D

Solution

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Kaline Mestre · Tutor por 5 anos

Resposta

The correct answer is A) Age of Exploration. Mercantilism first developed during the Age of Exploration, which began in the 15th century. During this time, European countries sought to expand their trade and accumulate wealth through the establishment of colonies and the promotion of exports over imports. Mercantilism aimed to achieve a favorable balance of trade and increase a nation's gold and silver reserves. It was a dominant economic policy in Europe from the 16th to the 18th century.