Match each economic term to its description. tiles banks insurance companies mercantilism pairs established government policies that favored merchants and protected the nation’s economy encouraged capitalists to save money allowed investors to engage in speculative trading

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.

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explanation:

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