The Beginnings of our Global Age: Europe and the Americas
The Beginnings of our Global Age: Europe and the Americas
The Beginnings of our Global Age: Europe and the Americas
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• Mercantilist believed a nations real wealth was in itsgold <strong>and</strong> silver reserves• Oversea colonies existed only to fur<strong>the</strong>r <strong>the</strong> dem<strong>and</strong>s<strong>of</strong> <strong>the</strong> parent country• <strong>The</strong>y supplied raw materials <strong>and</strong> res<strong>our</strong>ces• In return <strong>the</strong> colonies had strict laws governing <strong>the</strong>m• Imposed Tariffs ( taxes) on goods imported