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They produced products that couldn't be made in England.

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7y ago

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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.


What is the mercantile system?

The mercantile system was a system in which a country's main goal was to procure as much money as possible and often exploit her colonies to achieve this end.


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 economic policies of the colonies had to be regulated to meet the needs of England under which system?

mercantile system


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.


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.


The system was the method that England used to regulate trade?

mercantile


What was the impact of the mercantile system in the Netherlands?

The impact of the Mercantile system in the Netherlands was creation of monopolies.


How do mercantile exchanges work?

How did the British mercantile system work?


Why did many American colonists oppose the British system pf mercantilism?

The colonists did resent the mercantile system because it increased the colonies' wealth because the colonies were in charge of all the commerce. The colonists felts this gave the colonies too much power and control.


An Economic systems in which colonies supply goods to the mother country is called what?

Mercantile system. The concept is that by keeping the resources of colonies for itself, the home country can become wealthier and more powerful.


What was the method that England used to regulate trade in the colonies.?

Mercantile