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The economic system where colonies supply goods to the mother country is called .?
The economic system is called mercantilism.
An economic system in which colonies supply goods to the mother country is called .?
The economic system is called mercantilism.
The economic system where the colonies are set up to make the mother country rich is called?
colonism
The economic theory that colonies exist solely to enrich the mother country is called?
http://wiki.answers.com/Q/The_economic_theory_that_colonies_exist_solely_to_enrich_the_mother_country_is_called"
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 economic relationship of the colonies to Europe during the period?
The economic relationship was called Mercantilism. In this system raw goods are sold by the colonies to the "mother" country. The "mother" country would then process and manufacture these goods into a product and sell them back to the colonies at a higher rate. This way, the mainland would make a surplus while the colonies would lose money.
What is the name of the economic theory that colonies exist solely to enrich the mother country?
Imperialism.
What is the economic system in which colonies only exist for the profit or benefit of the Mother Country?
Mercantilism
What best describes the economic policy of mercantilism?
Colonies creating wealth for the mother country.
How did colonies make england rich?
Through the English economic system of mercantilism - colonies providing the mother country with wealth.
Under the economic system of mercantilism colonies were encouraged to?
provide raw materials for the mother country
The idea that colonies existed to benefit the mother country called?
Mercantilism.
