As Europeans expanded their market reach into the colonial sphere, they devised a new economic policy to ensure the colonies’ profitability. The philosophy of mercantilism shaped European perceptions of wealth from the 1500s to the late 1700s. Mercantilism held that only a limited amount of wealth, as measured in gold and silver bullion, existed in the world. In order to gain power, nations had to amass wealth by mining these precious raw materials from their colonial possessions. Mercantilists did not believe in free trade, arguing instead that the nation should control trade to create wealth and to enhance state power. In this view, colonies existed to strengthen the colonizing nation.
Colonial mercantilism, a set of protectionist policies designed to benefit the colonizing nation, relied on several factors:
Colonies rich in raw materials
Cheap labor
Colonial loyalty to the home government
Control of the shipping trade
Under this system, the colonies sent their raw materials—harvested by enslaved people or native workers—to Europe. European industry then produced and sent finished materials—like textiles, tools, manufactured goods, and clothing—back to the colonies. Colonists were forbidden from trading with other countries.
Commodification quickly affected production in the New World. American silver, tobacco, and other items—which were used by native peoples for ritual purposes—became European commodities with monetary value. Before the arrival of the Spanish, for example, the Inca people of the Andes consumed chicha, a corn beer, for ritual purposes only. When the Spanish discovered chicha, they bought and traded for it, detracting from its spiritual significance for market gain. This process disrupted native economies and spurred early commercial capitalism.
<h3>Correct answer choice is:</h3><h2>C. The pamphlet by Thomas Paine that convinced many of the need for independence.</h2>
Explanation:
Thomas Paine (1737–1809) was a revolutionary author who migrated from England to America in 1774. Only two years later, shortly in 1776, Paine advertised Common Sense, a hugely substantial pamphlet that influenced several American settlers that the time had certainly appeared to split away from British control.
James k polk this is the correct answer
It's D, because your making a bad decision
Answer:
Gave people hope for the end of the depression, was as if he was there, ... Which New Deal programs were created to provide relief for farmers and workers? ... FDR wanted Congress to change the court so that he could appoint judges ... in the workplace and reinforced traditional gender differences (men were priority).
Explanation:
