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History, 13.01.2021 03:10 jozlynn

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

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