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growing and selling cash crops

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Related Questions

What was the British view on Mercantilism?

England believed that the colonies were set up for the benefit of England all the products produced in the colonies should go to the mother country (England) were the products would then be sold back to the colonies for really high prices.


What was the purpose of founding all the colonies?

The main purpose of founding the American Colonies was for the economic benefit and prestige of the mother country, through a system of mercantilism.


Explain the way in which England applied the principles of mercantilism to its Caribbean and North American colonies?

Britain sought to increase its wealth by making use of its colonies. Mercantilism forced the colonies to trade solely with Britain and before they could sell natural resource products such as tobacco and sugar, it first needed to be shipped to England to be taxed even before being sold. The system was set up solely to economically benefit the Mother Country, not the colonies.


What is the belief that the colonies exist to benefit the economy known as?

mercantilism


The idea that colonies existed to benefit the mother country called?

Mercantilism.


Who had the theory which held that colonies exist for the benefit of the home country?

Mercantilism


The belief that colonies exist to benefit the economy of the mother country is known as?

Mercantilism. Held in the early days of settelment of the americas.


Did the theory of mercantilism was based on the idea that colonies existed primarily for the economic benefit of the mother country?

(True) that is the theory of mercantilism.


Which was true for the colonies under mercantilism?

Their activities were to benefit only the mother country.


What was true for the colonies under mercantilism?

Their activities were to benefit only the mother country.


What did the mercantilists believe?

Mercantilism is the belief that colonies exist for the benefit of the mother country.


What is the economic system in which colonies only exist for the profit or benefit of the Mother Country?

Mercantilism