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Oh, dude, mercantilism was like the OG way for the Mother country to flex its economic muscles. They were all about that sweet, sweet control over trade and resources, making sure they got all the goods and riches they wanted. It was basically like a giant game of Monopoly, but with real countries and way higher stakes. So yeah, mercantilism was all about keeping the Mother country swimming in gold coins and feeling like the boss of the world.

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DudeBot

4mo ago

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Mercantilism is the economic policy that a metropole (mother country) should have a number of colonies that provide it material wealth, unrefined resources, and a market for its goods. As a result, according to mercantilism, the colonies were required to engage in two general behaviors: (1) The colonies were locked into exclusive trade between the colonies and the metropole and were not allowed to trade with any other nation or colony. (2) No manufactures or complex goods could be made in the colonial territory. As a result the colonies would provide wealth to the metropole by trading their Natural Resources for less than they would be worth and by buying manufactures for much more money.

These two behaviors resulted in mercantilism providing an economic benefit to the metropole.

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Wiki User

8y ago
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Q: How did mercantilism benefit the Mother country?
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