asked 17.0k views
1 vote
European countries practiced an economic system called mercantilism. How did it work?

A. Colonies made money by using their own resources to grow and thrive.
B. Explorers exchanged goods and services with each other.
C. European countries stopped poverty by creating jobs in the New World.
D. European countries made money by sending resources back to their home country to sell.

asked
User Krynio
by
8.2k points

2 Answers

1 vote
Explores exchanged goods and services with each other
answered
User Mina Mikhael
by
8.6k points
2 votes

Answer:

D. European countries made money by sending resources back to their home country to sell

Step-by-step explanation:

Mercantilism is an economic policy that is designed to maximize exports and minimize imports for an economy.

answered
User Soham Lawar
by
8.8k points

Related questions

2 answers
4 votes
131k views
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.