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inysia [295]
3 years ago
12

According to the theory of- which became popular among european nations in the 15th and 16th centuries, a nation could increase

its wealth and power in two ways: by obtaining as much gold and silver as possible, and by establishing a favorable balance of trade, in which it sold more goods than it bought.
History
1 answer:
Anna11 [10]3 years ago
8 0

The correct answer is Mercantilism

Mercantilism was based on the idea that the wealth of the world is static and in order for a country to be considered wealth it had to possess large amounts of silver, gold and other precious metals


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European people and Native American people began interacting when the European powers took an interest in exploring and colonizing the region. As European settlements in North America increased, so did contact between these two groups. However, the relationship that was established between them changed greatly throughout the years.

Initially, the first European settlers depended on the Native Americans heavily. Native American people had better knowledge of the land, the weather, the local crops and the many other challenges that existed in the region. European settlers greatly benefitted from this knowledge. Therefore, the initial relationship between these people was one of cooperation.

As time passed, the interactions between the two groups grew. As the European settlements developed, both groups engaged in complex exchanges and commercial transactions. This led to more cooperation, but also increased conflict between them.

As conflict increased, the Native Americans began to suffer more. Lands were taken away from them, and many were displaced. Moreover, they were killed in great numbers through war and disease. This made the interaction between the two groups more negative.

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