Question

It is the object of that system to enrich a great nation rather by trade and manufacturing than by the improvement and cultivation of land, by the industry of the towns rather than by that of the country. what system does the passage describe?
a.capitalism
b.mercantilism
c.industrialization
d.the factory system

Answer 1

The system that is being described by the given passage above is MERCANTILISM. This is also termed as "Commercialism" because of the belief that one nation can acquire wealth through trading with other nations such as importing and exporting. The answer to this is option B.

Answer 2

if you see the other answer and wonder if it is true it is the answer is B.