Mercantilists believed that national military power could be achieved best by _______.
a. confiscating church lands and selling them to private businesses.
b. freeing business from government regulation.
c. having the government supply the infrastructure for the economy, while leaving private enterprise alone in other spheres.
d. strictly regulating economic life.
Question 2
As a means of gaining monopoly power, holding companies were preferable to gentlemen's agreements and pooling because
a. holding companies did not have an adverse impact on employment.
b. holding companies were able to reduce competition from imported goods.
c. holding companies were legal in most states.
d. holding companies were not subject to corporate profits taxes.
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