How did the practice of mercantilism lead to economic prosperity in South Carolina?

A. South Carolina sold English goods directly to foreign countries for profit.

B. South Carolina supplied workers that were needed in England.

C. South Carolina profited by profited by producing goods the mother country needed.

D. South Carolina received money from England that it needed to survive.

Question

Shelby Pacheco

English

3 July, 20:37

How did the practice of mercantilism lead to economic prosperity in South Carolina?

A. South Carolina sold English goods directly to foreign countries for profit.

B. South Carolina supplied workers that were needed in England.

C. South Carolina profited by profited by producing goods the mother country needed.

D. South Carolina received money from England that it needed to survive.

+2

Answers (2)

Know the Answer?

Owen Santana · Answer 1

Owen Santana 3 July, 21:03

0

I think the right answer is C

Caden Fields · Answer 2

C. South Carolina profited by producing goods the mother country needed.

Explanation:

Mercantilism is an economic policy that focuses on maximizing exports and minimizing imports. It also includes accumulating monetary reserves through a positive balance of trade. Both of these characteristics were fully embraced by South Carolina. South Carolina was able to profit from the practice of mercantilism by producing goods that were sold to England. The colony attempted to maximize those exports while minimizing the imports it depended on.