Author Question: Mercantilism is the belief that a. socialism is a better economic system than liberalism and free ... (Read 162 times)

Brittanyd9008 · **on:** Sep 4, 2018

Mercantilism is the belief that

a. socialism is a better economic system than liberalism and free trade.
b. economic wealth is the goal of all people so they can better their standard-ofliving.
c. state power is derived from wealth, and states should therefore try to
maximize wealth through colonies, trade, war, etc.
d. no economic modernization can occur without using large quantities of
technology.

Question 2

The state has dominated world political institutions

a. since World War I.
b. for about 350 years since the Treaty of Westphalia.
c. since the fall of the Roman Empire.
d. the last 200 years since about the time of the American and French revolutions.