During the Columbian Exchange, millions of Africans were forcefully transported to the Americas, where they labored to produce natural resources to benefit the economies of the European colonizers by increasing imports and limiting colonial trade. What was this economic system?(1 point)

Question

Responses

globalization
globalization

transatlantic slave trade
transatlantic slave trade

capitalism
capitalism

mercantilism

Answer 1

The economic system described in your question is mercantilism. This system was characterized by the belief that the colonies existed primarily to benefit the mother country, often through the accumulation of wealth and resources. The transatlantic slave trade was a part of this system but is not the overarching economic system itself.