Want this question answered?
The theory of mercantilism held that a country's power depended mainly on its wealth. Wealth after all, allowed nations to build strong navies and purchase important goods. As a result to the policy of mercantilism the goal of every nation became the attainment of as much wealth as possible. Saying this they can increase their wealth by balance of trade and the economic revolution changes european society source- Honors World Civ book
I believe the answer is mercantilism, which emerged during the early sixteenth century in the dawn of the Age of Exploration. Mercantilism is a political and economic policy seeking to advance a state above others by accumulating large quantities of precious metals and by exporting in large quantity while importing in small. http://www.thefreedictionary.com/mercantilism
The theory of mercantilism is economic philosophy underlying early European colonial policy. This is to increase the wealth of the metropole (mother country). In mercantilism, the colonies were required to engage in two general behaviors: (1) The colonies were locked into exclusive trade between the colonies and the metropole and were not allowed to trade with any other nation or colony. (2) No manufactures or complex goods could be made in the colonial territory. As a result the colonies would provide wealth to the metropole by trading their natural resources for less than they would be worth and by buying manufactures for much more money.
AnswerMercantilism is an economic system that requires two distinct political entities to exist. It requires a metropole, which is the main part of the country and where the leadership sits. It also requires colonies, which are distant regions with unique resources that can transfer these unique resources to the metropole.In order to create this kind of relationship, leaders from the metropole must create colonies in distant lands in order to extract these resources. This is why mercantilism necessarily leads to colonialism. Note that this form of colonialism can exist within large empires as well. The Russian expansion into Siberia and Central Asia in the 1700s and 1800s mirrors the Western European creation of colonies in the Americas and this expansion was done with the purpose of extracting raw materials that were present in these territories.Further Elaboration on the Metropole-Colony RelationshipMercantilism is the economic policy that a metropole should have a number of colonies that provide it material wealth, unrefined resources, and a market for its goods. As a result, according to mercantilism, the colonies were required to engage in two general behaviors: (1) The colonies were locked into exclusive trade between the colonies and the metropole and were not allowed to trade with any other nation or colony. (2) No manufactures or complex goods could be made in the colonial territory. As a result the colonies would provide wealth to the metropole by trading their natural resources for less than they would be worth and by buying manufactures for much more money.
The British encouraged Americans to export raw goods to Britain. PLATO!!
The theory of mercantilism held that a country's power depended mainly on its wealth. Wealth after all, allowed nations to build strong navies and purchase important goods. As a result to the policy of mercantilism the goal of every nation became the attainment of as much wealth as possible. Saying this they can increase their wealth by balance of trade and the economic revolution changes european society source- Honors World Civ book
What happened as a result of European exploration of north America's east coast? it lead Europeans to begin colonies on the coast.
What happened as a result of European exploration of north America's east coast? it lead Europeans to begin colonies on the coast.
What happened as a result of European exploration of north America's east coast? it lead Europeans to begin colonies on the coast.
I believe the answer is mercantilism, which emerged during the early sixteenth century in the dawn of the Age of Exploration. Mercantilism is a political and economic policy seeking to advance a state above others by accumulating large quantities of precious metals and by exporting in large quantity while importing in small. http://www.thefreedictionary.com/mercantilism
Spanish and Portuguese are the main languages and Christianity is the main religion.
Europeans descended from jews and then the bloodline ended up in North America
They never "came to Latin America": they were the result of interracial marriages between European settlers and Native Americans.
Almost complete obliteration of the indigenous people born in the Americas.
The theory of mercantilism is economic philosophy underlying early European colonial policy. This is to increase the wealth of the metropole (mother country). In mercantilism, the colonies were required to engage in two general behaviors: (1) The colonies were locked into exclusive trade between the colonies and the metropole and were not allowed to trade with any other nation or colony. (2) No manufactures or complex goods could be made in the colonial territory. As a result the colonies would provide wealth to the metropole by trading their natural resources for less than they would be worth and by buying manufactures for much more money.
Inequalities of income and power.
Inequalities of income and power.