The Aims of Mercantilists Do Not Include

question 23

Multiple Choice

The aims of mercantilists do not include

• A) achieving power and wealth for the state.
• B) achieving political and economic unity.
• C) keeping artisans in the home country.
• D) All of the above were aims of the mercantilists.

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Definitions:

Benefit

An advantage, privilege, or financial aid that is granted to an individual or group, often from an employer, government, or institution.

Sale of Goods Act

Legislation governing the sale of goods, ensuring that goods sold meet certain quality and ownership criteria.

Title and Possession

Legal terms that refer to the ownership (title) of an asset and the control or occupation of it (possession).

Money

A medium of exchange, unit of account, and store of value that facilitates the transaction of goods and services.