mercantilism
mercantilism
False
Seventeenth and eighteenth century European powers mainly utilized Adam Smith's mercantilism concept of economics, which enriched the mother nation through restricted spheres of trade. Politically, it depended. France ruled with an absolute monarchy that controlled virtually all the details of colonial affairs, whereas in England, a parliament that controlled the nation's finances had considerable influence upon the actions of the King and the nation.
The eighteenth-century trade pattern, characterized by the transatlantic triangular trade, provided significant benefits to Europe. It facilitated the exchange of raw materials, such as sugar, tobacco, and cotton, from the Americas, which were vital for European industries and consumer demand. Additionally, the influx of wealth from these colonies contributed to the growth of European economies, fostering investment in infrastructure and manufacturing. This trade network also helped establish European dominance in global commerce, enhancing political power and influence.
the three motives of the European race is 1) economic 2) social/ religion 3) political/ military
1- The colonies offered political freedoms not found in European countries. 2- European countries could sell colonial goods in Asia. 3- Colonies provided manufactured goods for European countries. 4- Colonies provided cheap raw materials for European nationa.
The main reason that the population of the British North American colonies rapidly increased during the eighteenth century was that the volume of slave trade increased a great deal. The number of black people in the colonies increased by 10 to 35+ times from the beginning of the eighteenth century until mid-century.
Portugal
Libya
European nations benefited from their African colonies in several ways, including access to valuable natural resources, new markets for their goods, and opportunities for economic and political expansion. Additionally, colonies provided a source of cheap labor and military manpower for the European powers.
Whether these colonies were established by the British, French, Dutch, Portuguese, Spanish or any others, political systems changed because American colonies began to declare independence from their European leaders.
Whether these colonies were established by the British, French, Dutch, Portuguese, Spanish or any others, political systems changed because American colonies began to declare independence from their European leaders.