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The phrase mother country is best assosiated with the economic philosophy known as?
Wiki User
∙ 9y ago
The economic philosophy known as mercantilism was associated with the mother country.
Wiki User
∙ 9y ago
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The phrase mother country is best associated with the economic philosophy known as?
mercantilism
Mercantilists economic philosophy?
Mercantilism is defined as being the economic policy or theory in which a country sets up a colony or several colonies, like Spain did in Latin America or Britain in North America, for the sole reason of the economic gain of the mother country. IN other words, the only reason a mercantilistic country would set up a colony was for the economic prosperity of the mother country through the natural resources and manual labor gotten in the colony.
Why did colonists dislike mercantilism?
because it was in favor of the British Mercantilism was the economic philosophy underlying early European colonial policy. The object of mercantilism was to increase the wealth of the Mother Country (England) in gold and silver.
The economic system where colonies supply goods to the mother country is called .?
The economic system is called mercantilism.
An economic system in which colonies supply goods to the mother country is called .?
The economic system is called mercantilism.
What is the name of the economic theory that colonies exist solely to enrich the mother country?
Imperialism.
What is the economic system in which colonies only exist for the profit or benefit of the Mother Country?
Mercantilism
What best describes the economic policy of mercantilism?
Colonies creating wealth for the mother country.
The economic system where the colonies are set up to make the mother country rich is called?
colonism
Under the economic system of mercantilism colonies were encouraged to?
provide raw materials for the mother country
Why is philosophy regarded as the mother of all disciplins of study?
why is philosophy regarded as the mother of all discipline of study
Why is philosophy regarded as the mother of all discipline of study?
why is philosophy regarded as the mother of all discipline of study
