HISTORY
NEW GLOBAL CONNECTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Colonies provided armies to defend the mother country.
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Colonies eased overcrowding by taking in people from the mother country.
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Colonies developed new technology for merchants to sell.
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Colonies provided raw materials and markets for new goods.
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Detailed explanation-1: -Some nations needed colonies for raw materials, a labor supply, and a way to keep wealth within its control (by selling colonies the products their raw materials helped to produce). Essentially, colonies increased a nation’s wealth-building power and national security.
Detailed explanation-2: -Mercantilism: Definition Goods were sold by manufacturers in an imperial country to merchants. Merchants would then sell these goods in colonies at an inflated price. These goods were often associated with high tariffs. Mercantilism was used to obtain gold and silver to increase the mother country’s wealth.
Detailed explanation-3: -The mercantilist goal was to maximize a nation’s export surplus-the balance of trade, which was equated with the future prosperity and power of the realm-and the means were cheap production inputs, that is, cheap raw materials (for which colonies proved useful) and cheap, and therefore poor, labor at home.