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maks197457 [2]
3 years ago
12

Which of the following statements accurately describes the economic policy of mercantilism? a. It downplayed the role of governm

ent in stimulating economic growth. b. It discouraged the establishment of overseas colonies. c. It encouraged trade by abolishing laws that regulated trade. d. It was based on a belief that a nation’s real wealth was measured in its gold and silver treasure.
History
1 answer:
Lapatulllka [165]3 years ago
7 0
I think the correct answer from the choices listed above is option D. The statement that accurately describes the economic policy of mercantilism would be that it was based on a belief that a nation’s real wealth was measured in its gold and silver treasure.
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Explanation:

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Prior to the war, the women’s campaign for the right to vote fell on deaf ears. Afterward, even President Wilson urged Congress to pass the 19th amendment, which succeeded in 1920.

Future President Herbert Hoover was appointed the director of the newly created U.S. Food Administration. Hoover encouraged citizens to plant “victory gardens” or personal gardens. This is the genesis of the “urban gardens” we know today. Over 20 million gardens were planted and U.S. food consumption decreased by 15%, conserving food for the troops.

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Despite isolationist sentiments, after the War, the United States became a world leader in industry, economics, and trade. The world became more connected to each other which ushered in the beginning of what we call the “world economy.”

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