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Question

Under mercantilism, the thirteen American colonies were expected to provide Great Britain with what?

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Answered 8 months ago
Answered 8 months ago

The thirteen American colonies provided Great Britain with a steady supply of raw materials and resources. This included things that Great Britain would otherwise have to import such as sugar, tobacco, timber, or grains. Additionally, the colonies were used as a market for export goods from Great Britain. This increased jobs and development in Great Britain. The goal of mercantilism was to promote exports over imports as a way to gain a favorable balance of foreign trade. In the scenario of Great Britain and the colonies, the colonies provided cheap materials while the labor was done in Great Britain. Ultimately, the finished products would be sold in the colonial market as Britain’s export surplus.

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