Based on the above passage what impact would mercantilism have on the British colonies and why

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Regina Gates

History

1 May, 19:45

Based on the above passage what impact would mercantilism have on the British colonies and why

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Alonso · Answer 1

the effect would be that Colonies were becoming important so that nations didn't have to rely on other countries for raw materials.

Mercantilism is the belief that stated a nation could achieve superiority among other nations simply by excelling in trades. This belief make the colonies improve their own trading capacity so they could accumulate more power compared to other nations.