What, according to mercantilist thinkers, was the purpose of colonies?
A) to encourage international cooperation through free trade
B) to enrich the states that had founded them
C) to allow merchants to profit by diversifying their economic investments
D) to act as laboratories in which new methods of state administration could be tested

Question

Quizplus · Accepted Answer

Mercantilist thinkers believed that colonies existed to enrich the mother countries that had established them. This was primarily achieved by ensuring that trade benefited the mother country, often through the exploitation of the colony's resources and markets.

What, According to Mercantilist Thinkers, Was the Purpose of Colonies