Broadly speaking, Mercantilism was very good for European countries for a while but terrible for their colonies.
Mercantilism made people in the Old World VERY rich.
But, as a result of the imbalance, the relationship between the European countries and their colonies deteriorated making mercantilism good in the short term but bad in the long term.
Important reasons for studying history are recognizing patterns, connecting the past to the present and revealing past contributions of civilizations.
Answer: lol
Explanation: hahahahahahahahahahaha
I think the answer would be number 2
Answer:
I didn't know answer sorry sorry I
