A few days ago
What basic economical and political theory…?
Identify: The basic economic and political theory by which 17th-18th century European powers governed their overseas colonies.
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A few days ago
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Merchantilism – basically the goal being to get a big box of gold and sit on it the colonies were not places to settle instead they were places to rip raw materials out of and sell manufactured junk to, the colonies did not start out as places to live in rather to use. some terms include favorable ballance of trade and tarriffs
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