The theory of mercantilism holds that a nation's economic power comes from a __________. Responses A enslave peopleenslave people B become industrialbecome industrial C willingness to explorewillingness to explore D favorable balance of tradefavorable balance of trade Question 2 Under mercantilism, colonies served as a source of raw goods and as a market for __________. Responses A human laborhuman labor B precious metalsprecious metals C other raw goodsother raw goods D manufactured goodsmanufactured goods Question 3 The network of trade between the Americas, Europe and Africa was known as "__________." Responses A Mercantile TradeMercantile Trade B Triangular TradeTriangular Trade C Encomienda SystemEncomienda System D Columbian Exchange
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Question 1: The theory of mercantilism holds that a nation's economic power comes from a D favorable balance of trade.
Question 2: Under mercantilism, colonies served as a source of raw goods and as a market for D manufactured goods.
Question 3: The network of trade between the Americas, Europe, and Africa was known as "__________." B Triangular Trade.
