Question

Mercantilism follows the principle that a colony is meant to?

Answer 1

The correct answer is D. Provide resources for the mother country to export

Explanation:

Mercantilism is an ideology that proposes national wealth can be achieved through colonization and by increasing exports. Due to this, in mercantilism, governments aim at colonizing and controlling other territories and later using the resources of these territories to increase exports in their economy. This ideology and model was used by many countries between the 16th and the 18th century because different countries in Europe colonized territories in the Americas to increase their wealth and exports. Thus, in mercantilism, a colony is meant to "Provide resources for the mother country to export".