0
NO. Generally speaking, the restrictions on trade imposed on the colonies because of mercantilism led to an extraction of wealth from the colonies and a sending of that wealth to the metropole. Accordingly, the economy of many colonial regions was supplemented quite substantially by smuggling or illegal trading with other more-proximate colonial regions and foreign powers that could provide goods with less of a possibility of wealth extraction.
Wiki User
∙ 7y ago
Wiki User
∙ 8y agoYes because in the early 1700 English merchants were trading all over the world! :)
i dont think so because it led to Revolutionary War. Sepember 28 2009 NO
Add your answer:
Earn +20 pts
Did the theory of mercantilism was based on the idea that colonies existed primarily for the economic benefit of the mother country?
(True) that is the theory of mercantilism.
Which was true for the colonies under mercantilism?
Their activities were to benefit only the mother country.
What was true for the colonies under mercantilism?
Their activities were to benefit only the mother country.
What did the mercantilists believe?
Mercantilism is the belief that colonies exist for the benefit of the mother country.
What is the economic system in which colonies only exist for the profit or benefit of the Mother Country?
Mercantilism
What is the belief that the colonies exist to benefit the economy known as?
mercantilism
The idea that colonies existed to benefit the mother country called?
Mercantilism.
Who had the theory which held that colonies exist for the benefit of the home country?
Mercantilism
The belief that colonies exist to benefit the economy of the mother country is known as?
Mercantilism. Held in the early days of settelment of the americas.
Did the theory of mercantilism was based on the idea that colonies existed primarily for the economic benefit of the mother country?
(True) that is the theory of mercantilism.
Which was true for the colonies under mercantilism?
Their activities were to benefit only the mother country.
What was true for the colonies under mercantilism?
Their activities were to benefit only the mother country.
What did the mercantilists believe?
Mercantilism is the belief that colonies exist for the benefit of the mother country.
Did the colonies benefit from the mercantilism why or why not?
Well the governors were mean and didnt want to eat their children
Did The colonies benefit mercantilism Why or why not?
Well the governors were mean and didnt want to eat their children
What is the economic system in which colonies only exist for the profit or benefit of the Mother Country?
Mercantilism
What was the purpose of founding all the colonies?
The main purpose of founding the American Colonies was for the economic benefit and prestige of the mother country, through a system of mercantilism.
