Question

Mercantilism was the belief that

Question 4 options:

the English colonies would drop their legal rights and elected assemblies.


the purpose of colonies is to economically benefit the mother country.


a government could tax without consent of the taxpayers for regulating trade.

colonists would henceforth be required to pay taxes to the crown to fund their own protection.

Answer 1

the purpose of colonies is to economically benefit the mother country.

Answer 2

The second answer is correct (B).

Mercantilism was a commercial model that was implemented by absolutist monarchies during the Middle Ages in the seventeenth century.

Mercantilism was based on metalism and colonialism and the main purpose was to maintain the surplus of the trade balance of royalties, and the exploitation of colonies was the main method of achieving this goal.