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.
Frequently asked questions
What is the correct answer to this question?
Mercantilism valued colonies and controlled trade for wealth accumulation
Why is this the correct answer?
Mercantilism linked state power with wealth and trade control. For exams connect it with European maritime expansion.
Which subject and chapter does this question cover?
This is a Class 10 General Knowledge question. Chapter: World History. Topic: Colonization and Decolonization.