Which of these had the BIGGEST and EARLIEST impact on the system of mercantilism that developed in the 1600s?(1 point)

Question

Responses

the development of the cotton gin
the development of the cotton gin

the development of the steam engine
the development of the steam engine

American revolutions
American revolutions

colonization of the Americas

Answer 1

The factor that had the BIGGEST and EARLIEST impact on the system of mercantilism that developed in the 1600s is colonization of the Americas. Colonization was a fundamental aspect of mercantilism as it provided European powers with access to new resources, raw materials, and markets for their goods, which were essential for the mercantilist economic system.