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What was a major characteristic of mercantilism in colonial Latin America?

colonies were a source of raw materials for Spain.


Which statement demonstrates a major characterstic of mercantilism in coonial latin America?

colonies were a source of raw materials for spain


What was a characteristic of the policy of mercantilism followed by spanish colonial rulers in latin America?

The coloies were required to provide raw materials


Spains colonial policy of mercantilism affeted the development o latin America nations by promoting?

cash crops and raw materials


What is a false statement about the great depression?

It did not affect Latin America


How did mercantilism contribute to the European colonization of North America?

Mercantilism was the idea behind the colonization of North America. Europe colonized in North America for profit.


How did the policy of mercantilism affect global economies?

mercantilism actually help global trade


Which was a characteristic of the policy of mercantilism followed by spanish colonial rulers in latin America?

The colonies were required to provide raw materials to Spain to purchase Spanish manufactured goods.


How did European exploration affect early civilizations in Latin America?

Extermination and enslavement.


How did geography affect the culture in Latin America?

1.) Geography has affected Latin America in many ways and is still affecting it now. From the pampas to the Amazon River Basin to the Andes Mountains, those three things all affect Latin America by making it harder to travel easier to farm and grow plants and giving them more water but they can also hurt the people of Latin America as well.


What were the strengths and weaknesses of Mercantilism?

weaknesses power efficiency who gains? rational choice theory rent-seeking behavior examples failure in Latin America; India; japan in 1990


How did the peonage system affect latin America?

The peonage system is a system of involuntary servitude used to pay off debt to creditors. The peonage system affected Latin America by encouraging slavery in Latin American countries.