![[Solved] What was the role of overseas colonies for European nations, according to mercantilist theory? How well did this assigned role work out for those colonies, both at first and over time?](https://submityourassignments.net/wp-content/uploads/2023/07/image-1-740x44.png)
What was the role of overseas colonies for European nations, according to mercantilist theory? How well did this assigned role work out for those colonies, both at first and over time?
Answer & Explanation
According to mercantilist theory, the role of overseas colonies for European nations was to serve as a source of raw materials, and a destination for the manufactured goods of the... View This Answer