kayleerichards666
28.05.2021 •
History
Mercantilism was an economic theory and practice used by Europeans in the seventeenth and eighteenth centuries to increase the wealth of a nation or empire. This was done by acquiring gold and silver and maintaining a favorable balance of trade, in which a country exported more than it imported. How did mercantilism encourage European countries to colonize both the Americas and Africa
Solved
Show answers
More tips
- P Photography and Videography How to Choose the Perfect Photo Paper for Your Images?...
- H Health and Medicine What vaccines do children need?...
- H Health and Medicine Reasons for the Appearance of Warts: Everything You Need to Know...
- A Art and Culture How to Learn Screaming: Step-by-Step Guide for Beginners...
- H Health and Medicine Contraceptive Pills After 35: The Importance Of Choosing The Right Medication...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- C Computers and Internet How to Learn to Type Fast?...
Answers on questions: History
- H History How many members are in the united states congress...
- H History 3. how does the manifesto discuss the economic evolutionof the bourgeoisie as a class? how does the manifesto discuss the political evolution of the bourgeoisie as aruling...
- H History How many members are in the united states congress...
- H History As complex societies developed, how did religion change? a . it grew less important b.it became more complex c. it focused more on the environment d. it forced people to...
- H History What did Ancient Greeks believe caused the earthquakes in Greece? Question 4 options: Greek gods fighting underwater Ares, the God of War Poseidon, the God of the Sea Greek...
- H History Life on the Plains was difficult. What percentage of homesteaders failed and headed back East?...
- H History Giving brainliest please help...
- H History How did the cold war affect the growth of technology in the united states?...
- H History Which statement describes a major cause of the russian revolution of 1905 a) the decision to withdraw russian troops from ww i b)the establishment of communist politics under...
- H History The iron triangle was located near a. dien bien phu b. haiphong c. hue d. saigon...
Ответ:
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
Mercantilism was an economic theory and practice used by Europeans in the seventeenth and eighteenth centuries to increase the wealth of a nation or empire. This was done by acquiring gold and silver and maintaining a favorable balance of trade, in which a country exported more than it imported. Mercantilism encouraged European countries to colonize both the Americas and Africa under the promise of wealth and richness due to the many raw materials and natural resources that existed in the Americas and Africa.
European countries wanted to expand their wealth by exporting raw materials from colonies. Mercantilism motivated the Spanish crown, the British monarchy, and the French monarchy, among other nations, to found colonies to acquire resources and create markets for their goods.
Under the theory of mercantilism, colonies were allowed to trade only with the home country.
Mercantilism was the economic system that many European countries used in the 16th, 17th, and 18th centuries. It is based on the accumulation of wealth by exporting goods and limit imports with the use of taxes.
Ответ: