Answer:
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Explanation:
Answer:
Explanation:
So, the question is, what is Mercantilism?
Simply, Mercantilism is a policy, through which a country tries to protect its own businesses from the competition with other countries.
This policy encourages maximizing export and minimizing imports.
During the colonial era, countries like France, Great Britain implemented it using their political authority.
So, now let’s come back to our own topic.
Far around hundred years before the rebellion began, in the years 1651, 1660, and 1663 the English parliament passed some acts, popular as the ‘Navigation Acts’ in history.
As per those acts, only British ships were allowed to bring goods to the 13 colonies of America.
Answer:
D). Policies passed by the Nixon administration helped to stop the rise in the cost of living, which improved the economy.
Explanation:
The last statement most aptly describes the changes that took place in the United States' cost of living across the years 1970-73. President Richard Nixon who joined the office in 1969 passed effective economic policies(Nixon shocks, his budget plan, etc.) that assisted in putting a halt in the 'cost of living.' This reduction in the cost of living helped in reducing the rate of inflation, stabilizing, and improving the condition of the economy. Thus, <u>option D</u> is the correct answer.