The correct answer is Alaska
Critics scoffed at "Seward's madness". That was what they called the Alaskan purchase, associating it with then Secretary of State William Seward, who had done the deal.
Time ended up giving Seward a reason: an acquisition showed one of the most profitable businesses in history.
The Alaskan purchase added more than 1.5 million square kilometers to the United States. Thus, if we analyze only the price of the square kilometer today in that state, it is estimated that the territory is worth 150 times more than Washington paid for it.
But Alaska is much more than a piece of icy land. It is also a huge deposit of natural resources: less than 20 years after the deal was closed, a race for gold started in the region.
Hey! :D The answer is A. Spain.
Hope this helps!
A mine owner sells iron to a British smith who smelts it into steel to sell back to the colonists was most likely motivated by the system of mercantilism.
Mercantilism is an economic system that favors the development of domestic business and industry over the development of foreign business and industry. Mercantilism was the cooperative relationship that existed between a country's business and trading classes and its government. Domestically, mercantilist governments encourage investment, lower taxes, and other benefits for domestic industries while shielding them from foreign competition through tariffs and other trade restrictions. Internationally, mercantilist governments protect access to raw materials and markets by maintaining strong armed forces, large navies, and merchant shipping. The system of mercantilism most likely motivated a mine owner to sell iron to a British smith who smelted it into steel to sell back to the colonists.
Learn more on mercantilism -
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