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Under a mercantile system, European colonial powers and their merchants benefited the most. This economic theory prioritized the accumulation of wealth through trade and the establishment of colonies, which provided raw materials and markets for manufactured goods. As a result, countries like Britain, France, and Spain increased their national wealth and power, while colonized regions often faced exploitation and limited economic development. Ultimately, the system favored the interests of the colonizers over those of the colonized populations.
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Under which system did England use the American colonies to supply its need for resources?
The Mercantile System used American colonies to supply England's needs for resources.
Which class benefited the most under the Porfiriato?
which class benifeted he most under the porfiriato
When was Ten Sleep Mercantile created?
Ten Sleep Mercantile was created in 1905.
Who benefited the most from the Spanish-American war?
The people of Cuba benefited. The people of Puerto Rico benefited. The people of Guam benefited. The people of the Philippines benefited. The people of the United States benefited. The people of Spain probably benefited in that they received $20 milllion and were rid of the expense of trying to govern their foreign colonies who were in rebellion.
What is mercantile credit?
Mercantile credit differs from the consumer credit. Mercantile credit indicates the financial aspect in which the credit is extended by one business to the other. This has been followed up by most of the businesses to ensure a better and long run of the concern.
What were colonies required to do under the mercantile system?
Under the mercantile system, the colonies were required to develop trade with other nations, produce manufactured goods, and supply raw materials.
The system was the method that England used to regulate trade?
mercantile
Is there any organs in the systems?
heart is in the circulatory systemm
Which colony was least threatening to British mercantile system?
Any colony that was colonized by the Spanish or the Portugese (North America) because they had the least negative affects from the mercantile system. In some cases they even benefited because it in a way helped them set up a trade system within themselves.
Under which system did England use the American colonies to supply its need for resources?
The Mercantile System used American colonies to supply England's needs for resources.
What does it mean to say that the colonies should not complete with England under the mercantile system?
Basically, it means that at the time, the British navy protected or shepherded the mercantile fleet between Britain and the colonies.
Which class benefited the most under the Porfiriato?
which class benifeted he most under the porfiriato
What is the biggest the galaxy or the universe or the solar systemm?
the universe, which is everything we know of.
The economic policies of the colonies had to be regulated to meet the needs of England under which system?
mercantile system
Example of mercantile agencies in the Philippines?
Example of mercantile
What part of the aqueduct systemm would have been the most difficult to maintain?
The pipes
Larger states benefited most under what plan?
The Virginia Plan
