asked 202k views
4 votes
Countries establish colonies elsewhere to provide raw materials for production in systems​

Countries establish colonies elsewhere to provide raw materials for production in-example-1
asked
User Aardrian
by
8.1k points

1 Answer

4 votes

The correct answer is B. Capitalism

Step-by-step explanation

Capitalism is an economic and social system that emerged during the seventeenth century that is based on the idea that the means of production must be private property and capital serves as a source to generate wealth. One of its main characteristics is that it was strengthened as a result of colonialism because the great powers established colonies in places in America, Asia, Africa, and Oceania that provided them with raw materials that strengthened industrial capitalism between the seventeenth and nineteenth centuries. According to the above, the correct answer is B. Capitalism.

answered
User Minthos
by
7.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.