Question

Which economic policy, during the 17th and 18th centuries, promoted the development of overseas colonies and a favorable balance of trade with multiple nations?
answer choices
a salutary neglect
b imperialism
c mercantilism
d limited government​

Answer 1

Answer:

C. Mercantilism

Explanation:

Mercantilism term applied to the policies and measures which the European states adopted between the 15th to 18th centuries to acquire wealth and power. In mercantilism, export is more than imports. Under this system, many of the European took colonies as moneymakers. European colonies required to provide raw materials to the mother country.