Mercantilism and Colonialism

Front

What was the main belief of mercantilism regarding colonies?

Back

Mercantilism believed that colonies were for the home/mother country and were useless unless they helped make money for them.

Front

What did mercantilists believe the mother country should do with raw materials from the colonies?

Back

The mother country should take raw materials from the colonies and manufacture products to sell.

Front

Which countries were major mercantile powers in the 'new world'?

Back

Spain, England (Britain), and France were major mercantile countries, with Portugal and the Netherlands also being active.

Front

When did mercantilism start and how long did it last?

Back

Mercantilism started in the 1500s and lasted until the 1700s.