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.
- 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
- Opposition Parties in Nagaland and Last State Elections
- How do sea anemones survive without blood
- Public Places with Equal Access for All Citizens
- Understanding Apartheid and the Treatment of Blacks in South
- How Democracy Resolves Conflicts and Differences in a Country
- Where Are the Metacarpals Located in the Human Body
- Stalinist Era Why Party Members Faced Conspiracy Charges
- Which bone does not belong to the appendicular skeleton
- The term used when an organism becomes inactive during winter
- Why Scientists Replicate Results Not Just to Find Mistakes
- Incomplete Dominance in Genetic Inheritance