Read the following passage and answer the question. if the might and eminence of a country consist in its surplus of gold, silver, and all other things necessary or convenient for its subsistence, derived, so far as possible, from its own resources (colonies and conquered territories included), without dependence upon other countries, and in the proper fostering, use, and application of these, then it follows that a general national economy . . should consider how such a surplus, fostering, and enjoyment can be brought about, without dependence upon others, or where this is not feasible in every respect, with as little dependence as possible upon foreign countries, and sparing use of the country's own cash. —philip willhelm von hornick this text above is an example of mercantilism democracy republicanism liberalism

The text above is an example of mercantilism. Mercantilism is an economic policy system that spanned from the 16th century until the 18th century, mainly in Europe. The system is based on the principle that the wealth of the World was static, therefore the main power nations of the time based their trade policies in an attempt to accumulate the biggest amount of wealth by maximizing their exports and minimizing their imports.

As the text explains, Mercantilism was based upon the concept of subsisting based on each country's own resources without being dependent on other countries. By the 18th century the system began to decline, although several political thinkers argue that some form of mercantilism is still being practiced in today/s world.

the underlined phrase is an example of : understatment

d. it compares the speaker reflection to a predatory bird that haunts the speaker