trade regulations

Why Was Mercantilism Important To The European Nations?

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Why Was Mercantilism Important To The European Nations? Mercantilism was important to European nations because they wanted to accumulate the largest possible share of their wealth by maximizing exports to their countries and decreasing their exports through tariffs. Why was mercantilism important to the European nations quizlet? European mercantilism? During the Commercial Revolution, Colonies were

Why Did European Countries Use Mercantilism In Their Colonies?

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Why Did European Countries Use Mercantilism In Their Colonies? Under mercantilism, colonies were important because they produced raw materials for the mother country, goods that the country would have to import otherwise (things like grain, sugar, or tobacco). The colonies also gave the mother country an outlet for exports, which increased jobs and industrial development