CH 11 LT#5

What's the big idea behind Mercantilism?

• Countries should always try to buy more stuff from other countries than they sell.

• A country becomes strong by having lots of money and resources.

• It's best for all countries to share their wealth equally.

• Countries should only focus on farming and not worry about making things.

According to Mercantilism, how do countries usually see each other's wealth?

• As a good thing that helps everyone.

• As something that doesn't really matter.

• As a danger to their own power.

• As a reason to trade even more.

What's one of the main reasons a "mother country" wanted to have colonies?

• To help the colonies become rich and independent.

• To get cheap natural resources that they couldn't easily get at home.

• To let people from the mother country go on fun vacations.

• To share all their cool inventions with the rest of the world.

What was another important reason for a mother country to have colonies, besides getting raw materials?

• To make sure the colonies could sell their own goods to anyone they wanted.

• To have a place where they could sell the things they made in their own country.

• To learn new farming techniques from the people in the colonies.

• To create a big army together with the colonies.

How did Mercantilist countries usually trade with other countries and their colonies?

• They traded freely with all countries to get the best prices.

• Rival countries traded a lot with each other to build friendships.

• Countries mostly traded with their own colonies and not much with their rivals.

• They didn't believe in trading at all and tried to make everything themselves.