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Which country established colonies and set up an extensive trading network based on mercantilism?
Updated: 8/19/2019
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What policy was established by Great Britain to ensure the sole purpose of the American colonies was to provide economic rewards and advantages to the mother country?
Mercantilism
The belief that colonies exist to benefit the economy of the mother country is known as?
Mercantilism. Held in the early days of settelment of the americas.
The idea that colonies existed to benefit the mother country called?
Mercantilism.
Who had the theory which held that colonies exist for the benefit of the home country?
Mercantilism
Did the theory of mercantilism was based on the idea that colonies existed primarily for the economic benefit of the mother country?
(True) that is the theory of mercantilism.
Which was true for the colonies under mercantilism?
Their activities were to benefit only the mother country.
What was true for the colonies under mercantilism?
Their activities were to benefit only the mother country.
The idea that trade with colonies would enrich the mother country is known as?
mercantilism
What did the mercantilists believe?
Mercantilism is the belief that colonies exist for the benefit of the mother country.
How did mercantilism affect England relationship and the colonies?
The colonies resented many of the acts that Britain passed in favor of mercantilism. It limited the amount of manufacturing and production that the colonies could do in favor of the mother country. Indirectly led to revolution.
What best describes the economic policy of mercantilism?
Colonies creating wealth for the mother country.
What is the economic system in which colonies only exist for the profit or benefit of the Mother Country?
Mercantilism
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