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11 October, 08:37

Mercantilism stressed the importance of colonies as sources of raw materials and markets for manufactured goods made in the mother country.

True or False?

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  1. 11 October, 09:31
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    Yes it is absolutely true that Mercantilism stressed the importance of colonies as sources of raw materials and markets for manufactured goods made in the mother country. This was a theory that was favored by the Europeans during the 17th and the 18th centuries. The existence of the colonies also depended on the acceptance of this theory during that time.
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