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What is the economic policy designed to encourage self-sufficiency and enrich the state through the acquisition of gold and silver?

A. Mercantilism
B. Colonialism
C. Imperialism
D. Industrialism

Sagot :

GinnyAnswer

Final answer:

Mercantilism is an economic policy centered on accumulating wealth through market control and tariffs.


Explanation:

Mercantilism is an economic policy focused on accumulating gold and silver through controlling markets by leveraging taxes and customs charges. It aimed to increase exports, limit imports, and promote economic self-sufficiency. An example is the British Empire, which used tariffs and trade policies to boost its own economic power.


Learn more about Mercantilism here:

https://brainly.com/question/42445287


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