The <u> mercantilism </u>theory is based on the assumption that the wealth of the world is fixed.
It was first published as An Inquiry into the Nature and Causes of the Wealth of Nations, more generally known as The Wealth of Nations. The book was written by BY Adam Smith, a Scottish moral philosopher by profession, to explain the industrialized capitalism system.
According to mercantilism, wealth was set and limited. The only way to succeed was to stockpile gold and impose tariffs on imports.
This theory suggests that nations should sell their products to other nations while making no purchases in return. Predictably, nations entered into cycles of retaliatory tariffs that stifled global trade.
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Answer:
C. national conventions for nominating presidential candidates
Explanation:
The progressives wanted the citizens to have as much influence as possible during the election of the president.
If presidential candidates were chosen by the national conventions, the political parties are the one that will decide which person can run as the presidential candidates. The citizens/voters have no say on it. This will increase the risk that the parties will only appoint nominees that serve the interest of the party, not the citizens.
This is why the progressives favor direct primaries, which enable the citizens to vote for the candidate that should run for the presidential election.