How did mercantilism lead the european countries to the founding of the colonies in americas and elsewhere?

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asked Oct 13, 2020 189k views

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Xatyrian · Answer 1 · 2020-10-18T05:09:01+0000

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Mercantilism was the belief that a country's power was based on its economic strength. So several European countries thought that their wealth could be vastly increased by acquiring territory. This encouraged exploration of the Americas by Europeans.

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How did mercantilism lead the european countries to the founding of the colonies in americas and elsewhere?

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