Deterrence theory is the idea that an inferior force, by virtue of the destructive power of the force's weapons, could deter a more powerful adversary, provided that this force could be protected against destruction by a surprise attack. This doctrine gained increased prominence as a military strategy during the Cold War with regard to the use of nuclear weapons and is related to, but distinct from, the concept of Mutual assured destruction, which models the preventative nature of full-scale nuclear attack that would devastate both parties in a nuclear war.
Answer: The war was most defiantly worth it even if the lives of many were lost because the foundations of america were made from that specific war because it abolished slavery and preserved the Union/North. Which today is known as the Republican Party.
Mercantilism is the idea that trade generates wealth. So this meant European countries wanted to expand their wealth by exporting raw materials from the colonies.