Question

Which statement is most closely associated with the economic policy of mercantilism and is reflected in how the British government interacted with the colonies?

1) Colonies should exist for the benefit of the mother country.
2) Business and industry should be owned by the state.
3) Governments should not be involved in the economy.
4) Local authority should determine the type of goods to be produced.

Answer 1

Explanation:

• 4) Local authority should determine the lg

Answer 2

4) Local authority should determine the type of goods to be produced.