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Seventeenth and eighteenth century European powers mainly utilized Adam Smith's mercantilism concept of economics, which enriched the mother nation through restricted spheres of trade. Politically, it depended. France ruled with an absolute monarchy that controlled virtually all the details of colonial affairs, whereas in England, a parliament that controlled the nation's finances had considerable influence upon the actions of the King and the nation.

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mercantilism

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Q: The basic economic and political theory by which 17th and 18th century European powers governed their overseas colonies?
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Related questions

What was the basic economic and political theory that the 16th and 17th century European powers governed their overseas colonies with?

Mercantilism.


The basic economic and political theory by which seventeenth- and eightennth- century European powers governed their overseas colonies?

mercantilism


Basic economic and political theory by which seventeenth and eighteenth century European powers governed their overseas colonies?

mercantilism


Which European nations governed colonies in Latin Americs from 1500 to 1800?

Spain, Portugal, Holland and England


What was the European policy of paternalism in Africa?

The colonies were governed either directly or indirectly by the mother country, protected by the mother country, and the monarchs were leaders of the colonies.


How were the colonies governed before federation?

The colonies were governed by state government.


What governed the middle colonies?

The Colonies governed themselves but were technically run by the British.


How were southern colonies governed?

they were governed some how


How were charter colonies governed?

Charter colonies were governed by a king.


What governed the colonies?

they did


What is the difference between colonies protectorates and the spheres of influence?

Colonies are territories controlled and governed by a foreign power. Protectorates are areas under the control of a more powerful state that provides security and guidance to the local government. Spheres of influence are regions where a state has significant political or economic influence but may not have direct control.


How were the early colonies governed in the 1600's?

The middle colonies were governed by the king. they were under his authority and subject to his will and pleasure. These colonies were also known as the royal colonies.