Mercantilism is the economic system established between a colony and a colonial power, where the natural resources found in the colony are used in the mother country to produce complex goods. An example of this would be how a colony would be advised not to create oil refineries to refine the oil into gasoline. This would mean that gasoline, the product of refined oil, would be imported to the colony once refined elsewhere. Thus, they would depend on foreign economic activity to meet local needs.
Answer:
Conflict perspective
Explanation:
Conflict perspective or theory sees society as a dynamic that goes under continuous changes.
- It sees the social life ads a competition.
- This theory focuses on the distribution of power, resources, and inequality.
- This theory has been criticized for its inability to explaining the incremental changes.
- This theory was driven by the ideas of Karl Marx.
- This theory is much better than functional theory in explaining the social changes but weak in explaining the stability of this theory.
Williamsburg was the second capital I believe