Were unprepared for the ordeal that lay ahead.
The correct option is BRITAIN DID NOT WANT TRADE WITH COLONIES TO ENRICH ITS COMPETITORS.
Mercantilism is a form of economy policy which was designed to maximize the trade status of Britain and ultimately to increase the wealth of the nation. The policy encourage exporting of goods but discourages importing. Also, the policy forbid the colonies from trading with other nations.
<u>The people of the south began to suffer before the effects of the Great Depression due to the theory of dependency</u>. <em><u>The theory of dependency arises to try to understand the impact suffered by Latin Americans during the Great Depression.
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<u>This dependency relationship is produced by the intense investment of the United States in Latin America, which manifested itself in foreign trade</u>.
<u><em>When there are moments of strong expansion of the world economy</em></u>, <u>the demand for raw materials in both quantities and prices increases in the short term</u>, <em><u>however</u></em>, <u>in the long term, this trend changes and the quantities of commodity prices fall sharply, hence, before the Great Depression of 1929, many people in the South experienced its effects.
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