Question

how did the economic philosophy of mercantilism slow economic growth before the industrial revolution?
a. it forced countries to focus on agriculture rather than commerce.
b. it prevented merchants from freely trading goods in foreign markets.
c. it discouraged the formation of joint stock companies and corporations.
d. it limited governments ability to regulate their own economies.

Explanation:

Mercantilism involved government - imposed trade restrictions. These regulations, like tariffs and quotas, prevented merchants from freely trading in foreign markets. This limited market access and inhibited economic growth.

Answer:

B. It prevented merchants from freely trading goods in foreign markets.