0
Mercantillism~When everything is done for the good of the Mother Country.
Ex: The 13 Colonies (Southern, Middle, New England) they were all gathering raw materials to ship back to Britan (British), to be transformed into everyday items. Then they were shiped back to the 13 colonies. The 13 colonies then sold them for a profit. (which was shared with the mother country.
Wiki User
∙ 12y ago
Wiki User
∙ 16y agoHelping the mother country was important back then, only because there really was no choice other than making the crown (royalty) happy
Add your answer:
Earn +20 pts
What is the difference between important to you and important to you?
Important to you is a statement Important to you? is a question..
How important is it to you to produce error free work?
Important
Why is it important for you to study international business?
It's not important to me
What is the study of economics an important exercise?
why is the study of economics an important exercise
Why banjaras are important for economy?
They are important for the economy . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . because i dont know
Why were the colonies important in the theory of mercantillism?
The Colonies were important because they supply Great Britain raw resources and material.
Which theme is most related to the policy of mercantillism?
Economics
Did the colonies benefit from mercantillism why or why not?
Well the governors were mean and didnt want to eat their children
Did colonies benefit fron mercantillism?
Colonies did not benefit from this because they wanted to trade with richer outside countries.
Which attitude towards the colonies was the result of the British embrace of the theory of mercantillism?
The British encouraged Americans to export raw goods to Britain. PLATO!!
How were the European systems of mercantillism and free enterprise similar during the 18th and the 19th centuries?
Both systems greatly increased Europeans' total wealth.
How does mercantillism work?
Mercantilism works by generating wealth through profitable trading. Trade is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.
Under mercantillism the thirteen American colonies were expected to provide great Britain with?
Raw Materials and markets for British products.
How did nations measure wealth under mercantillism?
By the amount of gold and silver they had. By the amount of manufactured goods they controlled According to trade APEX
What were the principles behind the policy of mercantillism?
The British used Mercantilism in relation to their North American Colonies. The principle is that the mother country, in this case Britain, would take in raw materials and resources for a low cost, if any, to produce finished goods to sell and make a profit off of. This wasn't an ideal situation for the new colonies and is part of the reason for the revolution.
What does mercantillism mean?
The theory and system of political economy prevailing in Europe after the decline of feudalism, based on national policies of accumulating bullion, establishing colonies and a merchant marine, and developing industry and mining to attain a favorable balance of tradeorEurope's new idea, that the country who imports more than exports gold or other types of metals is more powerful
What is the difference between important to you and important to you?
Important to you is a statement Important to you? is a question..
