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According to the european policy of mercantilism colonies should

According to the european policy of mercantilism colonies should

Final answer:According to theEuropean policy of mercantilism,colonieswere expected to provide valuable resources to the mother country in order to increase its wealth and power.Explanation:TheEuropean policy of mercantilismwas aneconomic systemthat aimed to increase a nation's wealth and power through the accumulation of precious metals and the establishment ofcolonies. Colonies played a crucial role in this policy, as they were seen as a source of raw materials and a market for finished goods.According to the policy of mercantilism, colonies were expected to providevaluable resourcesto themother country. These resources included timber, fur, agricultural products, and other natural resources that were in demand in Europe. The mother country would then use these resources tomanufacture goodsand export them back to the colonies and other markets.In order to maintain control over colonial trade and ensure a favorable balance of trade, European powers imposed strict regulations on colonial commerce. For example, the Navigation Acts required colonies to trade only with their mother country and prohibited them from trading with other nations. This ensured that the colonies remained dependent on the mother country for their economic needs.In return for providing resources, the mother country would provide manufactured goods to the colonies. This allowed the colonies to access goods that they could not produce themselves. Additionally, the mother country would offer protection to the colonies, both militarily and diplomatically.Overall, theEuropean policyof mercantilism placed colonies in a subordinate position, with their primary purpose being to serve the economic interests of the mother country. The policy shaped the relationship between European powers and their colonies, and had a significant impact on the development of colonial economies.Learn more abouteuropean policy of mercantilism and colonieshere:brainly.com/question/17911123#SPJ14...

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