Normal Multiple Choice Question A new economic system that would dominate economic relations between Europe and the Americas developed during the sixteenth century. Which statement correctly states how this economic system affected British colonization in the Americas? A . Mercantilism motivated the British to found colonies to create better trade relationships with other countries. B. Free enterprise motivated the British to found colonies to create more competition for their domestic businesses. C. Mercantilism motivated the British to found colonies to acquire raw materials for manufactured goods. D. Free enterprise motivated the British to found colonies to provide better opportunities for their entrepreneurs.

Answer 1

The correct answer is: C. Mercantilism motivated the British to found colonies to acquire raw materials for manufactured goods.

Mercantilism emphasized the importance of accumulating wealth through trade, and establishing colonies was seen as a way to secure raw materials and resources that could be used in the production of goods in the home country, thus enhancing its economic power.