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Which statement best explains the relation between mercantilism and colonialism?

Answer and explanation

Correct answer: Mercantilism valued colonies and controlled trade for wealth accumulation

Mercantilism linked state power with wealth and trade control. For exams connect it with European maritime expansion.

Related tags

MercantilismColonialismTradeColonization And DecolonizationWorld HistoryGeneral KnowledgeClass 10 Mcq

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