A regulated economic system that made a country rich from its colonies.

• A. Migration
• B. Mercantilism
• C. Patriot
• D. Representative Government

Answer: (B)

Mercantilism is an economic system where the government tightly regulates trade to build national wealth and power. It aims to amass gold and silver and to have a favorable balance of trade—exporting more than importing. Colonies are crucial in this view because they supply raw materials to the mother country and serve as controlled markets for its finished goods. Policies like tariffs, monopolies, and navigation rules keep wealth circulating back to the homeland and ensure colonial economies work for the nation’s gain. That’s why this description fits: a regulated economic system that grows rich through its colonies by controlling trade and resources. Migration, patriotism, and representative government describe people or political ideas, not this economic framework.