Ask Question

What role did colonies play in the creation of mercantilism?

+1
Answers (2)
  1. 27 April, 02:00
    0
    Mercantilism is intended to function as an economy by which a nation, such as England or Great Britain obtains colonies throughout the world.

    Explanation:

    Britain, in a mercantilistic economy, took raw materials and made them into finished products and then sold them back to the colonists
  2. 27 April, 02:07
    0
    according to mercantilist theory colonies had one purpose to generate revenue for the mother country. these proved astonishingly lucrative when processed and sold on european markets and served as a major source of revenue. the aim of mercantilism was the creation of a positive balance of trade.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What role did colonies play in the creation of mercantilism? ...” in 📗 Social Studies if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers