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Q: Why was colonies so important to a mercantilism economy?
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Why were the colonies so important to a mercantilist economy?

Colonies were important in the mercantile economic systems because they were markets in which to buy products from the home country.


Why was agricultureally so important to the economy of the southern colonies?

many of their crops were successful , and also their economy started to do well too.


Why was agriculture so important to the economy the southern colonies?

many of their crops were successful , and also their economy started to do well too.


What is relationships between colonizers and colonized?

the relationship between the two is depicted by mercantilism is a new economic policy and colonization is the establishment of colonies; "the British colonization of America" so the British colonized colonies and made a new mercantilism.


What is the relationship between mercasntilism and colonization?

the relationship between the two is depicted by mercantilism is a new economic policy and colonization is the establishment of colonies; "the British colonization of America" so the British colonized colonies and made a new mercantilism.


How did exploration and colonialism lead to the growth of capitalism market economy and mercantilism?

When the people went to explore, they found spices, plants, animals, and food. So these items led to producing a market economy, supply and demand, capitalism, and mercantilism.


Why was the economy of the southern colonies so dependent on large plantations when most of colonists lived and worked on small farms?

The economy of the southern colonies was so dependent because they believed in helping eachother out.


Why were colonies so important to a mercantilist economy?

The goal of a mercantilist economy was to support the parent country and make them more money. Colonies were used to get raw materials shipped back to the parent country so they could produce goods and sell them for money. The parent country also made money on the taxes they put on everything that had to be shipped to them from the colonies before they could be shipped somewhere else.


How did mercantilism shape the economic and political relationship between England and its colonies?

lol do you have newhalfen? hes awesome but I have to do this essay now so bai!


How did mercantilism shape the political and economic relationship between England and its colonies?

lol do you have newhalfen? hes awesome but I have to do this essay now so bai!


Did Mercantilism benefit the colonies?

NO. Generally speaking, the restrictions on trade imposed on the colonies because of mercantilism led to an extraction of wealth from the colonies and a sending of that wealth to the metropole. Accordingly, the economy of many colonial regions was supplemented quite substantially by smuggling or illegal trading with other more-proximate colonial regions and foreign powers that could provide goods with less of a possibility of wealth extraction.


The economy of the Southern Colonies was?

The Southern Colonies were of an agrarian economy, so they worked in agriculture, which called for plantations for the crops and the slaves to work on the crops. This became so deeply rooted that this is why the Southern Colonies that were soon to be the Southern States wished for slavery to be legal in the US.