0
During the period of exploration and colonization, all the major powers were mercantilist nations. The object of mercantilism was to minimize imports that cost the nation money, and maximize exports that made the nation money. Colonies were a means of reducing a country's dependence on foreign nations. Each colony would provide a raw material to the Mother Country and this would allow the nation to not have to purchase that product from another nation. The object was to sell more than you bought.
What else can I help you with?
In a mercantilist system a country tries to increase its and decrease its .?
Exports, Imports.
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.
What situations would not be supported by a government practicing a mercantilist economic system?
the country's navy uses only imported wood and steel to build its ships
Did the Mercantilist theories caused European nations to abandon their overseas colonies?
Mercantilist theories caused European nations to abandon their overseas colonies.
What actions would be favored by a government that supports a mercantilist economy?
Answer this question… A merchant uses resources found in his own country to make goods to sell in other countries.
In a mercantilist system a country tries to increase its and decrease its .?
Exports, Imports.
What is the mercantilist system role with el salvadors parent country?
Do you have Mr. Ventura as a teacher
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.
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.
What would not be supported by a government practicing a mercantilist economic system?
the country's navy uses only imported wood and steel to build its ships
What situations would not be supported by a government practicing a mercantilist economic system?
the country's navy uses only imported wood and steel to build its ships
Which of the following situations would not be supported by a government practicing a mercantilist economic system?
(Apex) The country's navy uses imported wood and steel to build its ships.
Did the Mercantilist theories caused European nations to abandon their overseas colonies?
Mercantilist theories caused European nations to abandon their overseas colonies.
How can mercantilism be used in a sentence?
"Do you want to be a mercantilist?"
Mercantilist government tried to maximize?
production.
What actions would be favored by a government that supports a mercantilist economy?
Answer this question… A merchant uses resources found in his own country to make goods to sell in other countries.
Why was piracy a threat to the mercantilist system?
Piracy posed a significant threat to the mercantilist system by disrupting trade routes and undermining the accumulation of wealth that was central to mercantilist policies. It hindered the flow of precious metals and goods between colonies and the mother country, leading to financial losses for both merchants and governments. Additionally, the fear of piracy could deter investment in maritime ventures and trade, ultimately destabilizing the economic framework that relied on controlled and profitable colonial commerce.
