USA HISTORY

Detailed explanation-1: -According to the theory of mercantilism, what was the principal purpose of the thirteen original colonies? Naval bases, raw materials and markets, workers and manufactured goods and military recruits.

Detailed explanation-2: -According to mercantile theory, colonies were to supply their mother nation with raw materials and buy their manufactured goods.

Detailed explanation-3: -The goal of mercantilism was to stimulate the economy by keeping colonial trade within England and by exporting more than they imported. The colonies played an essential role in the British mercantilist system through the Navigation Acts of 1651.

Detailed explanation-4: -American ships carried products such as lumber, tobacco, rice, and dried fish to Britain. In turn, the mother country sent textiles, and manufactured goods back to America.

Detailed explanation-5: -Mercantilism-an economic policy under which nations sought to increase their wealth and power by obtaining large amounts of gold and silver and by selling more goods than they bought.