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He system that uses colonies as a source of raw materials and a market for finished goods is called?

mercantilism


Under the economic system of mercantilism colonies were encouraged to?

provide raw materials for the mother country


The 17th century economic theory which viewed colonies primarily as sources of raw materials?

Mercantilism


What economic system valued colonies as sources of raw materials and a market and a market for excess products?

Mercantilism


The seventeenth century theory which viewed colonies primarily as sources of raw material is?

Mercantilism is the economic system where colonies provided raw materials to England.


The system that uses colonies asa source of raw materials and a market for finished goods is called?

Colonialism is the system that uses colonies as a source of raw materials and a market for finished goods. It is different from Imperialism in that its motivations are purely economic.


What was England's view of colonies under mercantilism?

England viewed its North American colonies as an economic resource, colonies provided raw materials, made products out of it, and sold it back for a higher price go make a profit.


Which idea is most closely associated with the economic concept of mercantilism?

Colonies exist to provide raw materials and markets for a colonial power.


How was Hamilton's economic philosophy similar to his political philosophy?

on the plan politics


Differences in the economic life in Southern and Northern colonies can BEST be explained by the?

The differences in the economic life and the economy of the southern and northern colonies and states during colonial times can be best explained by the production of raw materials and the use of labor.


What are the raw materials from french colonies?

French colonies supplied a variety of raw materials, including sugar, coffee, cocoa, cotton, and rubber. These resources were primarily sourced from the Caribbean, West Africa, and Southeast Asia. Additionally, colonies provided minerals and metals, such as gold and bauxite. The extraction and trade of these materials significantly contributed to France's economic interests during the colonial era.


The phrase mother country is best assosiated with the economic philosophy known as?

The economic philosophy known as mercantilism was associated with the mother country.