Question

European countries practiced an economic system called mercantilism. How did it work?

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

Answer 1

Explanation:

Economic history of France since its late-18th century Revolution was tied to three major events and trends: the Napoleonic Era, the competition with Britain and its other neighbors in regards to 'industrialization', and the 'total wars' of the late-19th and early 20th centuries.