What is mercantilism?
A.
an economic system in which businesses are owned by government
B.
a system of individual ownership of parts of a corporation
C.
a rise in prices and an increase in available cash in the economy
D.
an economic policy that increases exports in order to make a nation more powerful
D. an economic policy that increases exports in order to make a nation more powerful
The correct answer is D. Mercantilism is an economic policy that focuses on increasing exports in order to make a nation more powerful. It emerged during the 16th to 18th centuries when European nations sought to build their wealth and influence through international trade.
To find this answer, you can eliminate options A and B because they do not match the definition of mercantilism. Option C is also incorrect because it describes inflation, not mercantilism. Option D is the correct answer as it accurately describes the goal of mercantilism.