Which statement best describes the economic policies of Jean-Baptiste Colbert, Louis XIV's controller general of finances?
A)They were absolutely unique in Europe.
B)They involved new accounting practices to take the tax burden off the peasants.
C)They were based on the economic theory of mercantilism.
D)They gave Louis a large surplus in the treasury that he needed to carry out his wars.
E)They could best be described as laissez-faire.

Question

Quizplus · Accepted Answer

Jean-Baptiste Colbert's economic policies were based on mercantilism, which emphasized state control over the economy, the accumulation of wealth through a favorable balance of trade, and the establishment of colonies.

Which Statement Best Describes the Economic Policies of Jean-Baptiste Colbert