Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

this system was based on increasing exports and trades from the mother …

Question

this system was based on increasing exports and trades from the mother country and building up bullion. the discovery of the new world drove the creation of this new economic system of
a feudalism.
b capitalism.
c mercantilism.
d barter system.

Explanation:

Brief Explanations

Mercantilism is an economic system focused on increasing a nation's exports and accumulating bullion (precious metals), and its rise was linked to the discovery of the New World. Feudalism is a social/political system with landholding and vassalage, not centered on trade/exports. Capitalism emphasizes private ownership and market-driven production, developing later. The barter system involves direct exchange of goods without money, not about building bullion or mother - country trade. So the correct option is C.

Answer:

C. mercantilism.