Mercantilism is a. an economic theory that stressed the importance of colonies as sources for raw materials. b. an economic system in which private businesses profited from the free market. c. a system in which land was given to colonists in exchange for them teaching Christianity to the natives of the land. d. the second leg of the trans-Atlantic trading system, in which slaves were loaded onto ships brought to the Americas.

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History

Hope Richardson

21 April, 16:03

Mercantilism is a. an economic theory that stressed the importance of colonies as sources for raw materials. b. an economic system in which private businesses profited from the free market. c. a system in which land was given to colonists in exchange for them teaching Christianity to the natives of the land. d. the second leg of the trans-Atlantic trading system, in which slaves were loaded onto ships brought to the Americas.

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Alyson · Answer 1

Mercantilism was a system that A) stressed the importance of colonies as a source for raw materials. Within mercantilism exports were valued greatly above imports so the ability to get cheap or free raw materials was highly desirable under a mercantilist system with the hopes of increasing exports.