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What statement describes the theory of mercantilism?
The theory of mercantilism is described best as England giving economic favors. these favors were given to some companies and people but not others.
What statement best describes the theory of mercantilism?
export more goods than are imported.
Best theory that supports mercantilism?
The best theory that supports mercantilism is the "Balance of Trade" theory, which posits that a nation's wealth and power are best served by maximizing exports and minimizing imports. This theory emphasizes the importance of accumulating precious metals, such as gold and silver, through a favorable balance of trade. Mercantilism advocates for government intervention to protect domestic industries and promote exports, reinforcing the idea that national prosperity is achieved through a strong trade surplus.
What statement best describes the concept of mercantilism?
Controlling trade is a key to increasing power.
Described the theory of mercantilism?
Mercantilism is an economic theory that emerged in the late Middle Ages and dominated European thought from the 16th to the 18th century. It posits that a nation's wealth and power are best served by increasing exports and accumulating precious metals, such as gold and silver. Under this theory, governments actively regulate the economy through protectionist policies, such as tariffs and subsidies, to enhance national self-sufficiency and minimize imports. Ultimately, mercantilism emphasizes the importance of a favorable balance of trade as a means to achieve national prosperity.
What statement describes the theory of mercantilism?
The theory of mercantilism is described best as England giving economic favors. these favors were given to some companies and people but not others.
What statement best describes the theory of mercantilism?
export more goods than are imported.
Best theory that supports mercantilism?
The best theory that supports mercantilism is the "Balance of Trade" theory, which posits that a nation's wealth and power are best served by maximizing exports and minimizing imports. This theory emphasizes the importance of accumulating precious metals, such as gold and silver, through a favorable balance of trade. Mercantilism advocates for government intervention to protect domestic industries and promote exports, reinforcing the idea that national prosperity is achieved through a strong trade surplus.
What best describes the theory of the mercantilism?
export more goods than are imported.
What statement best describes the concept of mercantilism?
Controlling trade is a key to increasing power.
What best support the theory of mercantilism?
Colonies do not contribute to the economic success of Great Britain
Which answer BEST supports the statement China's government can be considered an Oligarchy?
sad
Which statements best support the theory of mercantilism?
A country must import more goods than it exports to maximize profits
What is meant by which idea best supports the author's argument?
This is a question that might be found on a test in school. When asked what idea best supports the author's argument, the answer will be one that best shows something that supports the point the author is making.
What statement best supports the information from the us census in the lesson?
The population of the united states Is living longer.
How can you use scientific theory in a sentence?
Scientists believe that the scientific theory is the best way to solve the problem statement. just write ideas about scientific theory.
What statement best supports the theory that eukaryotic cells evolved through endosymbiosis?
The presence of organelles like mitochondria and chloroplasts with their own DNA and membrane structure closely resembling that of bacteria supports the theory of endosymbiosis, where a prokaryotic cell engulfed another prokaryotic cell and formed a symbiotic relationship over time. Additionally, the fact that these organelles replicate independently of the host cell and have similarities to certain types of bacteria further strengthens the endosymbiotic theory of eukaryotic cell evolution.
