Answered



Which idea is most closely associated with the

economic concept of mercantilism?

(1) Colonies exist to provide raw materials and

markets for a colonial power.

(2) Wealth and power are based on land

exchanged between nobles.

(3) Goods and services are traded without

government interference.

(4) Property is owned collectively and

administered by the state.

Verified Answer :

atmosfears

(1) colonies exist to provide raw materials and markets for a colonial power
mercantilism is the policy where a colony sends raw materials to their mother country and the mother country sends back manufactured goods, so this is the only answer that makes sense

hope this helps!

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