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Copy of Mercantilism
Transcript of Copy of Mercantilism
The colonies ships natural resources
to home country for very low prices
home country ships manufactured
goods back to colony and sells them for high prices
Home country manufactures
resources into a
Home country keeps/sells
the finished product to its own
Home country sells extra
goods out to rest of the world
for large, large profit!
What was an economic reason that Europe colonized the Americas?
The English Colonies could only trade with England.
Through mercantilism England, the mother country, would gain wealth from its colonies in North America,