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Under the economic system of mercantilism, colonies were encouraged to

  • tnicholson01: Give all raw materials to there country.  Let them make finished or manufacturing goods, them sell them back to the colonies.  
  • scouteo:

    The correct answer is D) Export resources for the mother country's benefit.

    The other options were A) Export resources for their own benefit. B) Provide military assistance as needed. C) Manufactures goods.

    Under the economic system of mercantilism, colonies were encouraged to export resources for the mother country's benefit.

    It was English economist Adam Smith who coined the term mercantilism system that was used in colonial times during the 16th to 18th centuries. European superpowers such as Great Britain or France exploited their colonies, used all the raw materials and natural resources to increase their wealth and become richer.

Mercantilism

Mercantilism

Source: community.weber.edu

Mercantilism Definition Theory History Examples

Mercantilism Definition Theory History Examples

Source: www.wallstreetmojo.com

Mercantilism

Mercantilism

Source: www.slideshare.net

Economic history: mercantilism and international trade

Economic history: mercantilism and international trade

Source: im-an-economist.blogspot.com

International Trade Theory : Mercantilism

International Trade Theory : Mercantilism

Source: www.slideshare.net

Understanding The Mercantilism ~ IPE s squad
Understanding The Mercantilism ~ IPE s squad

Source: ipesquad-irbinus.blogspot.com

What Was Rum Used For In The Colonies at Robert Ruiz blog
What Was Rum Used For In The Colonies at Robert Ruiz blog

Source: giogspihy.blob.core.windows.net

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