How were the European systems of mercantilism and free enterprise similar during the 18th and 19th centuries?

A. Both systems reduced the importance of the European middle class.
B. Both systems greatly increased Europeans' total wealth.
C. Both systems protected European industries from foreign competition.
D. Both systems broke down disruptive barriers to trade in Europe.

Respuesta :

b both systems greatly increased europeans total wealth

The European systems of mercantilism and free enterprise greatly increased Europeans' total wealth. Option B is correct.

Mercantilism is a system in which a country tries to amass wealth through trade with other countries, exporting more than it imports and increasing stores of gold and precious metals.

Free trade isthe opposite of trade protectionism. It consist on eliminating discrimination against imports and exports. Buyers and sellers from different economies may voluntarily trade without a government applying tariffs, quotas, subsidies or prohibitions on goods and services.