Question

quiz worlds entangled
started: sep 14 at 3:11pm
quiz instructions
a quiz on week 05 assigned readings and videos.
10 questions, selected at random.
multiple choice. 30 minutes total.
question 7 1 pts
what, according to mercantilist thinkers, was the purpose of colonies?
to encourage international cooperation through free trade
to allow merchants to profit by diversifying their economic investments
to act as laboratories in which new methods of state administration could be tested
to enrich the states that had founded them

Explanation:

Mercantilist thinkers believed that a nation's wealth was measured by its gold and silver reserves. Colonies were seen as a means to obtain raw - materials cheaply, provide a market for the mother - country's goods, and thus enrich the founding states through a favorable balance of trade.

Answer:

To enrich the states that had founded them