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charter of the royal african company, 1672 we do hereby, for us, our heirs and successors, grant unto the said royal african company of england and their successors, that it shall and may be lawful to and for the said company and their successors, and none others, from time to time to set to sea such and so many shipps...as shall be thought fitting by the said court of assistants for the time being, of which the governor, sub - governor, or deputy governor to be one prepared and furnished with ordnance, artillery and ammunition or any other habiliments in warlike manner fit and necessary for their defense; and shall for ever hereafter have, use and enjoy all mines of gold and silver...and the whole, entire and only trade, liberty, use and privilege of trade and traffic into and from the said parts of africa...for the buying, selling, bartering and exchanging of, for, or with any gold, silver, negroes, slaves, goods, wares and merchandizes whatsoever...
oyal african company charter,\ 1672. the united archives of the united kingdom. https://www.nationalarchives.gov.uk/pathways/blackhistory/afri which economic policy was the motivating factor for the establishment of the above charter? elimination tool select one answer a capitalism. b plantocracy. c socialism. d mercantilism. no answer saved. submit answer next >
Mercantilism was an economic policy in the 17th - 18th centuries focused on maximizing a nation's wealth through trade surpluses, colonial expansion, and state - controlled trade. The Royal African Company's charter aimed at monopolizing trade in Africa for England, which aligns with mercantilist goals. Capitalism is a broader economic system focused on private ownership and profit - making. Plantocracy refers to a society dominated by plantation owners. Socialism is an economic system based on collective or state ownership of the means of production.
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D. Mercantilism