Answer:
1- Established government policies that favored merchants and protected the nation’s economy --- Mercantilism
2- Encouraged capitalists to save money --- Banks
3- Allowed investors to engage in speculative trading --- Insurance companies
Explanation:
1- It is called mercantilism to a set of political and economic ideas that were developed during the sixteenth, seventeenth and the first half of the eighteenth century in Europe. It was characterized by a strong State intervention in the economy, coinciding with the development of monarchical absolutism. It consisted of a series of measures that focused on State intervention in the economy and the control of the currency.
2- A bank is a financial company that is responsible for raising resources in the form of deposits, and lend money, as well as the provision of financial services.
3- An insurance company is a company specialized in insurance, whose economic activity consists of producing the security service, covering certain economic risks to the economic units of production and consumption.
