Question

How did an economic system affect the British colonization of North America?

A
Mercantilism motivated the British to found colonies to acquire resources and create markets for their goods.

B
Free enterprise motivated the British to found colonies to provide better opportunities for their entrepreneurs.

C
Mercantilism motivated the British to found colonies to create better trade relationships with other countries.

D
Free enterprise motivated the British to found colonies to create more competition for their domestic businesses.

Answer 1

Explanation:

First popularized in Europe during the 1500s, mercantilism was based on the idea that a nation's wealth and power were best served by increasing exports, in an effort to collect precious metals like gold and silver. Mercantilism replaced the feudal economic system in Western Europe