Multiple choice

According to Mercantilism, what was the purpose of colonies?

  1. To provide manufactured goods for markets in Europe.

  2. To provide raw materials and serve as a market for goods.

  3. To provide a new place to settle for growing populations.

  4. None of these
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Under mercantilism, colonies existed to provide raw materials to the mother country and serve as a captive market for the mother country's finished manufactured goods.

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