Mercantilism is the belief that
a. socialism is a better economic system than liberalism and free trade.
b. economic wealth is the goal of all people so they can better their standard-ofliving.
c. state power is derived from wealth, and states should therefore try to
maximize wealth through colonies, trade, war, etc.
d. no economic modernization can occur without using large quantities of
technology.
c
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The ______ emphasizes risk avoidance even when the science predicting the risk is uncertain.
A. precautionary principle B. tragedy of the commons C. polluter pays principle D. common but differentiated policy