Question

According to the economic theory known as mercantilism,

a. merchants should control the government because they contribute more than others to national wealth.

b. the government should regulate economic activity so as to promote national power.

c. the government should encourage manufacturing and commerce by keeping its hands off the economy.

d. colonies existed as a place for the mother country to send raw materials to be turned into manufactured goods.

e. England wanted the right to sell goods in France, but only to non-Catholic buyers.

Answer

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