One principle in the theory of mercantilism is that colonies should be_____________?
Correct answer: D. acquired as markets and sources of raw materials
- A. granted independence as soon as possible
- B. Considered an economic burden for the colonial power
- C. encouraged to develop their own industries
- D. acquired as markets and sources of raw materials
Explanation
Mercantilism viewed colonies as instruments of national economic power, supplying raw materials and serving as controlled markets for the colonial country’s manufactured goods. Independence and independent industrial development would undermine that system.
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