Which of these terms refers to a government controlling the economy in order to strengthen it?
A. banking
B.insurance
C.mercantilism
D. capitalism

Respuesta :

Answer:

the answer is mercantilism.i took the test myself and got it right

Explanation:

The government controlling the economy in order to strengthen it called Mercantilism ( C ).

Mercantilism is an economic practice by which governments used their economies to augment state power at the expense of other countries. Governments sought to ensure that exports exceeded imports and to accumulate wealth in the form of bullion (mostly gold and silver).

What is Mercantilism ?

  • Mercantilism is an economic theory and practice that advocates governmental regulation of the nation's economy to generate wealth and augment national power.
  • Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century.
  • Mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports and so involved increasing trade.
  • Under mercantilism, nations frequently engaged their military might to ensure local markets and supply sources were protected, to support the idea that a nation's economic health heavily relied on its supply of capital.

What are the main ideas of mercantilism?

  • The main idea of Mercantilism is that a nation's wealth and power were best served by increasing exports and so involved increasing trade.

Learn more about Economy on:

brainly.com/question/1086498

#SPJ2