As represented on the map BELOW. how did the eighteen-century Atlantic economy represent the concept of mercantilism?

History

1 answer:

GaryK [48]2 years ago

3 0

As represented on the map below, the eighteen-century Atlantic economy represent the concept of mercantilism by the mother country imported the raw materials from its colonies and exported manufactured goods.

<h3>What is mercantilism?</h3>

Mercantilism is defined as an economic policy that aims to increase an economy's exports while reducing its imports.

To achieve this purpose, it encourages colonialism, imperialism, tariffs, and subsidies on commercial products.

The Atlantic economy of the eighteenth century exemplifies the notion of mercantilism, in which the home country imported raw materials from its colonies and sold finished goods.

Therefore, option A is correct.

Learn more about the mercantilism, refer to:

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