?

SAT® Subject Test in U.S. History

Free Version

Upgrade subject to access all content

Easy

British Economic System

SATUSH-Y5E0UV

The value of our exportations likewise may be much advanced when we perform it ourselves in our own Ships, for then we get only not the price of our wares as they are worth here, but also the Merchants gains, the charges of insurance, and freight to carry them beyond the seas....

Thomas Mun, England's Treasure by Forraign [sic] Trade, (New York: Macmillan, 1903 ed.), pp. 9-12. Copyright 2014 Digital History

This quote explains the economic system which was highly valued by the British in the 17th and 18th centuries.

A

Colonialism.

B

Entrepreneuralism.

C

Mercantilism.

D

Capitalism.

E

Agrarianism.