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Under mercantilism, the role of the colonies was to serve as sources of raw materials and markets for the mother country's manufactured goods. Colonies were expected to produce specific commodities that were in demand in Europe, thereby enriching the parent nation. This system aimed to create a favorable balance of trade by ensuring that exports exceeded imports, ultimately enhancing national wealth and power. Additionally, colonies were often restricted from trading with other nations to maintain economic control.

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2w ago

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