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tester [92]
3 years ago
15

Which of these statements would be supported by a country practicing mercantilism? Select all that apply.

History
2 answers:
kakasveta [241]3 years ago
6 0

In the theory known as mercantilism, nations measure their wealth by the amount of gold. Importing more goods than one nation exports results that wealth, mainly gold and silver, is exiting the country. Overseas colonies are nations access to  wealth and raw materials. Instead of importing raw materials from other nations, having raw materials available made it possible for countries to create their own goods, which they could export and accumulate wealth. Also, by not relying on other nations, they become self sufficient which is the ultimate goal of mercantilism. During a large period of history, colonial forces of Europe were faughting wars for colonies.

poizon [28]3 years ago
5 0

mercantilism, nations measure their wealth by the amount of gold they possess. Importing more goods than a nation exports causes wealth, predominantly gold and silver, to flow out of the country. By having overseas colonies, nations had access to a wealth of various raw materials. Instead of importing raw materials from other nations, which takes gold and silver wealth out of a country, having raw materials available allowed countries to create goods, which they could export and acquire wealth. Also, by not relying on other nations, they could become self sufficient which is the ultimate goal of mercantilism. As nations rushed to colonize and acquire the limited quantities of precious metals in the world, war emerged on the horizon as an inevitable.



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Answer:

We can compare the Mongol Empire with the British Empire in three ways:

The Mongol Empire did not colonize as much land as the British Empire.

Several reasons account for this, first, it's a demographic problem: the Mongols were less than the British, so they did not have enough people to populate conquered areas.

Secondly, the lands the Mongold conquered were already inhabited by other ethnic groups and there was not a lot of room.

The British Empire founded colonies in areas that had sparse population: Australia, Canada, the United States, and thousands of colonists emigrated and found room to establish farms.

The Mongol empire was interconnected by land, the British Empire was interconnected by water:

The entirety of the Mongol Empire was located in Eurasia, and spanned across deserts, praires, plains, mountain ranges, and river banks. The British Empire included territories all over the globe, in the five continents, and was held together thanks to the might of the British Navy, by far the most powerful navy at the time.

The British gained more wealth from the Empire than the Mongols:

The height of the British Empire coincided with industrialization. In a positive feedback loop, the British extracted raw materials from their colonies, and transformed them into finished goods and services. This brought enormous wealth to Great Britain.

The Mongol Empire on the other hand, did extract wealth from their colonies, but as they were not industrial yet, they did not so to the same extent.

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