Was an effect of mercantilism

Answer 1

An effect of mercantilism was the accumulation of wealth and power by European nations through the establishment of colonies and control over trade routes. This economic theory promoted the idea that a nation’s strength depended on its wealth, leading to increased competition among countries for resources. Additionally, mercantilism often resulted in restrictive trade policies and tariffs that favored the mother country at the expense of its colonies and other trading partners. These practices contributed to tensions that eventually sparked conflicts, including colonial wars and revolutions.