Mercantilism was popular in the colonies in the 1700’s. mercantilists believed:
a. government should have little control of the market
b. a nation’s wealth is measured in gold and silver
c. government should have full control of the market
d.
a nation’s wealth is measured in its investment holdings

the correct answer is c. mercantilism was popular in the colonies in the 1700’s. mercantilists believed that government should have full control of the market.

it consisted of a series of measures that focused on three areas: the relationships between political power and economic activity; state intervention in the economy; and the control of the currency. thus, the mercantilists tended to state regulation of the economy, the unification of the domestic market, the growth of population, the increase of own production, the imposition of tariffs on foreign products and the increase of the money supply, always with a view to the multiplication of fiscal revenues. these actions had the ultimate goal of forming a state as strong as possible.

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explanation:

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