What was the purpose of mercantillism during the late 17th century and early 18th century? * The mother country controlled trade

Question

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What was the purpose of mercantillism during the late 17th century and early 18th century? * The mother country controlled trade

and exported more than imported Made money by importing more than exporting Gave subsideies to farmers to grow certain crops Allowed South Carolina to only trade with England

History

1 answer:

Sveta_85 [38] · Answer 1 · 2022-06-10T14:42:28+03:00

Answer:

The mother country controlled trade and exported more than imported

Explanation:

The British Empire came up with a strategy to keep their economy quite healthy with a system called mercantilism. The colonies of the British were the ones making money for the mother country and they put restrictions on how the colonies should spend their monies.

The British put certain taxes on goods that were brought into the country to discourage that practice and this made the colonies to buy goods that were only made by the British and not that of the European countries.