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nikitadnepr [17]
4 years ago
13

According to the economic theory of mercantilism, what is the purpose of the colonies’ existence?

History
1 answer:
lina2011 [118]4 years ago
4 0

Answer:

In general, mercantilism is the belief in the idea that a nation's wealth can be increased by the control of trade: expanding exports and limiting imports. In the context of the European colonization of North America, mercantilism refers to the idea that colonies existed for the benefit of the Mother Country.

Explanation:

I looked it up !

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