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  • 02-06-2022
  • History
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3. Why did the colonies depend on Europe for trade?

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stanl279 stanl279
  • 02-06-2022

Answer:

Generating wealth for the mother country was first and foremost among the reasons for European colonization in the Americas. During this era, the economic theory of mercantilism suggested that a nation's power relied on a favorable balance of trade: that is, exporting more than it imported.

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