question 2 / 5 which term refers to the economic theory that colonies exist to economically support their…

question 2 / 5 which term refers to the economic theory that colonies exist to economically support their mother country? a. mercantilism b. importism c. exploitation economics d. capitalism

question 2 / 5 which term refers to the economic theory that colonies exist to economically support their mother country? a. mercantilism b. importism c. exploitation economics d. capitalism

Answer

Brief Explanations:

Mercantilism is an economic theory where colonies exist to benefit the mother - country economically, through trade surpluses and accumulation of precious metals. There is no "importism" as a recognized economic theory in this context. Exploitation economics is a broader concept not specific to the relationship between colonies and mother - countries in this way. Capitalism is a different economic system focused on private ownership and profit - making.

Answer:

A. Mercantilism