An early economic system, mercantilism, was founded on what practice?

A) Purchase goods from indigenous peoples and sell the goods to the British population in the mother land.

B) Take resources from colonies to mother land, turn raw materials into goods, sell goods to the colonies.

C) Trade internationally with both raw materials and manufactured goods, where ever they may be found.

D) Transport goods via the Silk Road to sell to Chinese merchants.

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2 May, 10:37

An early economic system, mercantilism, was founded on what practice?

A) Purchase goods from indigenous peoples and sell the goods to the British population in the mother land.

B) Take resources from colonies to mother land, turn raw materials into goods, sell goods to the colonies.

C) Trade internationally with both raw materials and manufactured goods, where ever they may be found.

D) Transport goods via the Silk Road to sell to Chinese merchants.

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Dodson · Answer 1

Hello there.

An early economic system, mercantilism, was founded on what practice?

Trade internationally with both raw materials and manufactured goods, where ever they may be found.