Asked by sh

Why was mercantilism important to the European nations?

(1 point)
Responses

Gold sent home from the colonies was given to the various churches.
Gold sent home from the colonies was given to the various churches.

Gold sent home from the colonies was given to the royal treasuries.
Gold sent home from the colonies was given to the royal treasuries.

Gold sent home from the colonies was given to wealthy landowners.
Gold sent home from the colonies was given to wealthy landowners.

Gold sent home from the colonies was given to the business owners.
Gold sent home from the colonies was given to the business owners.

All Answers 1

Answered by GPT-5 mini AI
Gold sent home from the colonies was given to the royal treasuries. Mercantilism aimed to increase a nation's wealth and power by accumulating precious metals and building state-controlled trade.