Mercantilist Theory Held That

question 17

Multiple Choice

Mercantilist theory held that

• A) colonies can help the mother country become self-sufficient by providing it with valuable raw materials.
• B) there should be an equal balance of imports and exports.
• C) government should not interfere in the economy.
• D) overseas colonies were an unnecessary burden on a nation's natural resources.

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Definitions:

Positive Correlation

A relationship between two variables where they both move in the same direction, meaning as one variable increases, the other also increases.

Intelligence

The ability to acquire knowledge, think abstractly, understand complex ideas, and solve problems.

Academic Success

The achievement of educational benchmarks that include high grades, satisfactory scores, or other measures of performance excellence in a scholastic setting.

Self-Esteem

An individual's subjective assessment of their own worth or value.