mercantilism
European nations benefited from their African colonies in several ways, including access to valuable natural resources, new markets for their goods, and opportunities for economic and political expansion. Additionally, colonies provided a source of cheap labor and military manpower for the European powers.
Mercantilist theories caused European nations to abandon their overseas colonies.
The economic system that drove European nations to create colonies in the New World was mercantilism. This system emphasized the accumulation of wealth, primarily gold and silver, through a favorable balance of trade and the establishment of colonies that could provide raw materials and serve as markets for finished goods. European powers sought to increase their national wealth and power by exploiting colonial resources and expanding their trade networks, ultimately leading to competition and conflict among nations.
savage and dirty
The cause of the war involved European nations competing for control of colonies was boundary disputes.
Having tasted economic independence for too long a period,the American colonist had no desire to return to the mercantilist policies endured by the colonies of the other European nations.
Stockpiling
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European Imperialism during the 1800 had much to do with the economic benefits that came with creating colonies and plundering them. Many European nations wanted to maintain some sort of edge.
Mercantilism theories did not cause European nations to abandon their overseas colonies. Mercantilism, in fact, motivated colonial expansion and war.
European Economic Community was created in 1958.
Spain, France and Portugal.