Question

MULTIPLE CHOICE
how were the European systems of mercantilism and capitalism similar during the 18th and 19th centuries?
A. Both systems protected European industries from foreign competition
B. Both systems broke down disruptive barriers to trade in Europe
C. Both systems greatly increased Europeans' total wealth
D. Both system reduced the importance of the European middle class

Answer 1

The correct answer is C

Answer 2

The European systems of mercantilism and capitalism are similar during the 18th and 19th centuries as both systems greatly increased Europeans' total wealth

• The most knwon similarity between mercantilism and capitalism is the profit intentions.

The traders who controlled international trade in the mercantilist era put their money in trading voyages with the goal of profiting, so they could also be called capitalists.

Conclusively, Mercantilism is simply known as the idea that colonies existed for the benefit of the Mother Country and through it,

Britain greatly increased its base of wealth

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