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What statement best supports the theory of mercantilism?

Colonies do not contribute to the economic success of Great Britain


What THREE nations had their economic beginnings through trade with Great Britain?

The United States, Canada and India


How did mercantilism affect of Great Britain and colonies?

Mercantilism significantly influenced Great Britain and its colonies by promoting a system where the colonies existed primarily to benefit the mother country. This economic theory encouraged the accumulation of wealth through a favorable balance of trade, leading Britain to impose strict regulations on colonial trade to ensure that raw materials were sent back to Britain for manufacturing. In turn, the colonies were often restricted in their trade with other nations, fostering resentment and contributing to the desire for independence as they sought greater economic autonomy and opportunities. Overall, mercantilism shaped the economic relationship between Great Britain and its colonies, ultimately sowing the seeds of conflict.


What was the economic problems created by Marie Antoinette and Louis XVI?

Support for the American Revolution put a great strain on the French economy.


How did france avoid the great social and economic problems caused by industrialization?

Because of sheer geographic and demographic size France was powerful and important in economic and political affairs around the time of the Industrial Revolution. Combined with a resistance to industrialization, France avoided associated problems.

Related Questions

What colony were having the most problems with Great Britain?

Massachusetts


Why was the Great Britain having financial problems in 1763?

Because everyone was pour and hungry


Why did great Britain experience economic problems after world war 1?

they spent all of there money on naval support


What contributed to the panic?

economic crises in Great Britain


What problems did the colonists have with great Britain?

that they had a strict trade.


How does Great Britain discuss their problems?

with and/or without vigour


What contributed to the panic 1837?

economic crises in Great Britain


What problems did the newly formed US have with both Britain and Spain have after the American Revolution?

The problems that U.S. experienced with Spain was that Spanish officials closed the lower Mississippi river to U.S. Shipping also that Spain broke off the negotiations. The problem the U.S. experienced with Great Britain was that the Britain's forced American merchants to pay high tariff which is taxes on imports or exports.


Why Great Britain founded the colonies?

for religious, social, and economic freedoms


How will the 2012 Olympics benefit Great Britain?

It will benifit Great Britain by having al the people or tourists will come and buy things and this will help Britain economy.


What problems in England caused the Great Migration?

The problems in England that caused the Great Migration was religious and economic issues. The Great Migration happened in 1630.


What was the name of napoleans economic attemp to defeat great Britain?

The Continental blockade.