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An economic system in which colonies supply goods to the mother country is called .?
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∙ 7y ago
The economic system is called mercantilism.
Matteo Kunze
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The economic system where colonies supply goods to the mother country is called .?
The economic system is called mercantilism.
The economic system where the colonies are set up to make the mother country rich is called?
colonism
How did colonies make england rich?
Through the English economic system of mercantilism - colonies providing the mother country with wealth.
What was englands economic policy towards the colonies where the colonies provided raw materials to England who manufactured goods to be sold back to the colonies?
The English economic policy toward the colonies was called mercantilism. Mercantilism basically states that the colonies exist for the good of the mother country and have no rights except what the mother country grants. This policy was not workable because of the great distance between England and the New World. The great distance forced the colonists to create their own government, and create their own rights, legal system, etc.
British monarch who thought the colonies existed for the benefit of the mother country?
British monarch who thought the colonies existed for the benefit of the mother country
The economic system where colonies supply goods to the mother country is called .?
The economic system is called mercantilism.
The economic system where the colonies are set up to make the mother country rich is called?
colonism
The economic system where colonies are set up to make the mother country rich is called what?
mercantilism
The economic theory that colonies exist solely to enrich the mother country is called?
http://wiki.answers.com/Q/The_economic_theory_that_colonies_exist_solely_to_enrich_the_mother_country_is_called"
An Economic systems in which colonies supply goods to the mother country is called what?
Mercantile system. The concept is that by keeping the resources of colonies for itself, the home country can become wealthier and more powerful.
What was the economic relationship of the colonies to Europe during the period?
The economic relationship was called Mercantilism. In this system raw goods are sold by the colonies to the "mother" country. The "mother" country would then process and manufacture these goods into a product and sell them back to the colonies at a higher rate. This way, the mainland would make a surplus while the colonies would lose money.
What is the name of the economic theory that colonies exist solely to enrich the mother country?
Imperialism.
What best describes the economic policy of mercantilism?
Colonies creating wealth for the mother country.
What is the economic system in which colonies only exist for the profit or benefit of the Mother Country?
Mercantilism
How did colonies make england rich?
Through the English economic system of mercantilism - colonies providing the mother country with wealth.
Under the economic system of mercantilism colonies were encouraged to?
provide raw materials for the mother country
What is the name of the economic policy involving the transfer of wealth from the colonies to England the mother country?
nothing at all
