What is the difference between capitalism, or the free enterprise system, and
mercantilism?

A. Capitalism is based on equal treatment of workers, while
mercantilism allows women to earn lower wages than men.
) B. Capitalism slows economic growth by restricting trade, while
mercantilism is based on the idea of free international trade,
) C. Capitalism allows businesses to operate without regulation, while
mercantilism is based on strict government control over
economies
D. Capitalism strives to eliminate social inequality, while
mercantilism allows for huge gaps between the rich and the poor

Respuesta :

C because I need the last step

The difference between capitalism, or the free enterprise system, and

mercantilism "Capitalism allows businesses to operate without regulation, while mercantilism is based on strict government control over economies"

What is Capitalism?

Capitalism is an economic system based on the private ownership of the means of production and their operation for profit. Central characteristics of capitalism include capital accumulation, competitive markets, price system, private property, property rights recognition, voluntary exchange, and wage labor.

What is Mercantilism?

Mercantilism is an economic policy that is designed to maximize the exports and minimize the imports for an economy. It promotes imperialism, colonialism, tariffs and subsidies on traded goods to achieve that goal.

Hence, option C is correct

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