APFIVE Mercantilism and European Colonial Expansion
What role did mercantilism play in the expansion of European colonial empires during the Industrial Revolution?
A
It discouraged the development of domestic industries in colonial territories
B
It encouraged the acquisition of colonies as sources of raw materials and markets for manufactured goods
C
It led to the establishment of labor unions in colonial possessions
D
It promoted free trade between European nations and their colonies
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