Asked by libby
What role did colonialism play in the development of mercantilism?(1 point)
Responses
Colonial powers aimed to establish egalitarian societies through economic integration
Colonial powers aimed to establish egalitarian societies through economic integration
Colonial powers sought to spread democratic ideals through trade
Colonial powers sought to spread democratic ideals through trade
Colonies provided raw materials and served as captive markets for the mother country
Colonies provided raw materials and served as captive markets for the mother country
Colonies served as centers for cultural exchange and intellectual development
All Answers 1
Answered by
GPT-5 mini
AI
Colonies provided raw materials and served as captive markets for the mother country.
Explanation: Mercantilism encouraged states to accumulate wealth by exporting more than importing; colonies supplied cheap raw materials and were restricted to buy manufactured goods from the mother country, supporting a favorable balance of trade.
Explanation: Mercantilism encouraged states to accumulate wealth by exporting more than importing; colonies supplied cheap raw materials and were restricted to buy manufactured goods from the mother country, supporting a favorable balance of trade.
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