The colonist believed they would be wealthy by the amount of land they owned
The economic theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism. Mercantilism is an economic practice by which governments used their economies to augment state power at the expense of other countries. Governments sought to ensure that exports exceeded imports and to accumulate wealth in the form of bullion (mostly gold and silver).
Answer/Explanation:
Children were responsible for helping the family survive. Girls would help their mothers create household goods like clothing, candles, and soap. Boys helped farm and sometimes became apprentices to learn a trade.
