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
Howard Zinn views the founding fathers as extremely greedy for money and power, and selfish. He is extremely left-leaning and very critical of America’s history. He believes that the Founding Fathers were hypocrites, because they fought for freedom and inalienable rights, yet they did not grant those to the Native Americans, African Americans and women.
Answer: the waterwyas are very important
Explanation:
it is an important international navigation canal linking between the Mediterranean sea at Port said and the red sea at Suez. the Suez Crisis is that it paved the way for heavy US involvement in the Middle East for decades to come following the creation of the Eisenhower Doctrine.
The answer is Referendum
In Referendum, if the voters accept the law , it takes effect as previously scheduled. If the voters reject the law, it is voided and does not take effect. 24 states in the US have popular Referendum, Most of them are also initiative states
