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The impact of contact on the New World

Google Classroom

What was the economic philosophy of mercantilism?

(Choice A)
Merchants and trade are the key to a nation’s wealth and therefore free trade must be preserved at all costs
(Choice B)
Colonies extend an empire’s trading posts to distant locations and therefore should try to cultivate as many new trading partners as possible
(Choice C)
Colonies exist to enrich the home country and therefore shouldn’t be allowed to trade with anyone except the home country