A | B |
What is the term for an economic practice adopted by European colonial powers to become self-sufficient? | mercantilism |
Mercantilism was based on the theory that colonies existed for the benefit of the ____. | mother country |
European maritime nations competed for overseas ____ for their manufactured goods. | markets |
European maritime nations competed for overseas ____ to make into manufactured goods. | natural resources |
European maritime nations competed for overseas ____ to exist for the benefit og the mother country. | colonies |
Due to the ____ Revolution a new economic system emerged. | Commercial |
The Commercial Revolution created new ____ and ____ systems. | money banking |
Due to the Commercial Revolution, economic practices such as ____ evolved. | mercantilism |
Due to the Commercial Revolution, the economies of colonies were ____ by the needs of the mother country. | limited |