3 years ago

Great Britain had many colonies in North America. What was the purpose of these colonies according to the ideas of mercantilism?

1 answer:

7 0

Answer:

(According to the ideas of mercantilism, Great Britain believed that its colonies should increase its overall wealth. The colonies' purpose was to produce raw materials or grow crops that were not available in Great Britain. ... Mercantilism was an economic system developed by European countries in the 16th century.

Explanation:

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