0
Under the economic system of mercantilism colonies were encouraged to?
Wiki User
∙ 14y ago
provide raw materials for the mother country
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What was the mercantilism system?
The mercantilism system was an economic system prevalent in the 17th and 18th centuries. It relied on the European countries deriving wealth from their colonies.
What is the economic system in which colonies only exist for the profit or benefit of the Mother Country?
Mercantilism
How is capitalism different from mercantilism?
Capitalism is an economic system. Mercantilism is trading.
What economic system is most similar to mercantilism?
capitalism
Which is the economic system that equates a nations wealth with amount of its gold and silver?
Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.
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 was the mercantilism system?
The mercantilism system was an economic system prevalent in the 17th and 18th centuries. It relied on the European countries deriving wealth from their colonies.
He system that uses colonies as a source of raw materials and a market for finished goods is called?
mercantilism
The seventeenth century theory which viewed colonies primarily as sources of raw material is?
Mercantilism is the economic system where colonies provided raw materials to England.
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.
What is the economic system under which colonies make their mother country rich through exclusive trade?
mercantilism
What economic system valued colonies as sources of raw materials and a market and a market for excess products?
Mercantilism
The economic system where colonies are set up to make the mother country rich is called what?
mercantilism
What helped make Europe a global economic power?
Europe became a global economic superpower by exploiting the resources of its colonies. Mercantilism was an economic system by which European countries benefited economically from their colonies.
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.
