Respuesta :
Answer:
Mercantilism was the economic belief that promoted the accumulation of gold and silver through the implementation of a trade policy that resulted in positive trade balances.
Explanation:
Mercantilism was popular in the early modern era in the large European Empires of the time like France or Britain.
A Mercantilist society like seventeenth century France would value precious metals so much because they were the very objective of the mercantilist policy: precious metals, as commodity money, were an indicator of the level of wealth of France, and could be used as a means of exchange for just about anything, from guns, to the payment of soldiers and goverment officials, to the purchase of luxury goods for the nobility.
Mercantile society like seventeenth century France value precious metals above other forms of wealth.
- Mercantilism is a system in which a country tries to acquire wealth through trade.
- France valued gold and silver above other forms of material because they were considered to be the source of wealth.
- Gold and silver were precious metals as they held high value than other materials.
- By acquiring gold and silver France could buy anything from its neighbor to strengthen its empire.
- Gold could be converted into currency in France to pay soldiers, government officials, take voyages, etc.
Therefore we can conclude that to import precious metal was a profitable trade as it was acceptable to all.
Learn more about Mercantile here:
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