Select the word from the list that best fits the definition

the idea that a country gains power by building up a supply of gold and silver
a. astrolabe
b. mercantilism
c. theory
d. deism
e. johannes kepler
f. columbian exchange
g. henry the navigator
h. rene descartes
i. louis xiv
j. ferdinand magellan

Mercantilism.

Explanation:

Mercantilism is a set of ideas, a system which was quite popular in Europe in the 17th and 18th century.

Some of its basic principles are:

- increasing export while decreasing import

- which should enable accumulation of capital in the form of gold and silver

- strong agriculture that would decrease the need for import

- using colonies for gaining cheap resources and for selling the final products.

Many of late-18th century philosophers and economists criticized mercantilism pointing out its flaws and limits, so today it is considered an outdated system.

rain should be the answer.

question 1: paragraph 3

question 2: paragraph 2

question 3: paragraph 1

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