Question

What is the theory of mercantilism? How did it influence European colonization efforts in Africa, North America, and South America?

Answer 1

Mercantilism was previously a policy of exporting more goods than imports. It focused on making manufactured goods or items to give back to colonies which are thus the customers and consumers. This increased competition among European nations and colonizers. How do you think it influenced colonization then?

Answer 2

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