What inspired European governments to depend upon the American
Subject : History
Question: What inspired European governments to depend upon the American colonies as sources of raw materials not available in the mother country?
A. Protestantism
B. Individualism
C. Puritanism
D. Mercantilism
Expert Verified Solution:
The correct answer is
D. Mercantilism
Explanation: Mercantilism was the economic theory that dominated European thought from the 16th to the 18th centuries. It emphasized the importance of accumulating wealth, primarily through trade and maintaining a favorable balance of trade. European governments relied on their colonies to supply raw materials that were not available in the mother country, which could be processed and manufactured into finished goods. This system aimed to enhance national wealth and power by ensuring that colonies provided essential resources and markets for the mother country’s products.
- Powers of the Governor in Indian States Executive, Legislative
- Latitude of India's Northern Extremity Key Geographic Details
- Sher Shah's Administrative Reforms Influence Muhammad Tughluq
- Understanding the System of Checks and Balances in India
- Impact of Universal Adult Franchise Empowering Citizens
- Foundational Challenge Federalism Overcoming Non-Democratic
- Understanding Indian Secularism and Its Importance Key Reasons
- Cultural and Educational Rights in the Indian Constitution Articles
- Why Dalit Children Face Discrimination in Schools
- Correct Answer Conservatives vs Radicals on Chan
- Foundational Challenge to Federalism Non-Democratic Regimes
- Reasons for Division and Backwardness in Indian Society
- Why the 1857 Revolt is Called the First War of Independence
- Appendicular Skeleton and Muscle System
- Why Education Was Put Under State Control After Independence
