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The colonies became strong by keeping strict control over its trade that's how the belief in mercantilsim affect the colonies.
What else can I help you with?
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.
What is the belief that the colonies exist to benefit the economy known as?
mercantilism
What did the mercantilists believe?
Mercantilism is the belief that colonies exist for the benefit of the mother country.
Is mercantilism used today?
Mercantilism is an economy theory practice that is based on the belief that capital and world trade was a fixed system. This was the belief that there were limited quantities of products available for use around the world. This is not a practice that is commonly used today.
What is the belief that colonies could provide raw materials for a nation and be a market for its products?
mercantilism
What did the belief in mercantilism encourage European countries to do?
the goal of every nation was to become as wealthy as possible
Which term defines the belief that a nation's strength is derived from building up its gold supplies and expanding trade?
mercantilism
Which term defines the belief that a nation strength is derived from building up it's gold supplies and expanding trade?
mercantilism
Is mercantilism the name given to a belief that a country is only as strong as its colonies?
false (a country is only as strong as the stuff they can trade)
Which term defines the belief that a nations strength is derived from building up it's gold supplies and expanding trade?
mercantilism
Which was one of the basic principles of mercantilism?
One of the basic principles of mercantilism was the belief that a nation's wealth and power were best served by increasing exports and accumulating precious metals, such as gold and silver. This economic theory emphasized a positive balance of trade, where countries sought to export more than they imported. Additionally, mercantilism encouraged government intervention in the economy to promote national interests and protect domestic industries.
How does racism affect political belief?
Polic oficial
