Q. Mercantilist ideas were dominant in Europe in:
(a) 20th Century
(b) 10th Century
(c) 4th Century B.C
(d) 16th to 18th Century
Ans: (d) 16th to 18th Century
Explanation: The correct answer is (d) 16th to 18th Century. Mercantilist ideas were dominant in Europe during the 16th to 18th centuries. Mercantilism was an economic theory and practice that emphasized the accumulation of wealth through a favorable balance of trade, the establishment of colonies, and the protectionist policies of the state. It was prevalent during the early modern period and played a significant role in shaping European economic policies during that time.
