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The economic relationship was called Mercantilism. In this system raw goods are sold by the colonies to the "mother" country. The "mother" country would then process and manufacture these goods into a product and sell them back to the colonies at a higher rate. This way, the mainland would make a surplus while the colonies would lose money.
What else can I help you with?
What was the relationship of Austria to world affairs during the period from 1500 to 1700?
It was a super power in Europe and the Balkan, But did not have colonies in the new world.
Why did people in Europe decide to move to the british colonies during the 1600s and 1700s?
The people in Europe decided to move to the colonies during the 1600s and 1700s because they wanted religious freedom.
What were the economic endeavors of the middle colonies?
Shipbuilding, fishing and small manufacturing services were the main types of economic endeavors that took place during the Middle Colonies. Agriculture was also important to the economics of the middle Colonies.
Which economic system existed in Europe during the early ages?
Manorialism.
Which economic system exist in Europe during the early middle ages?
Manorialism.
Which economic system existed in Europe during early middle ages?
Manorialism.
What was the relationship between Great Britain and her colonies during colonial era and constitution?
Great Britain tried to over power the colonies and treaty them badly during the coloial era
What was dominant economic philosophy in western Europe during the seventeenth century?
mercantilism
Why did people in Europe decide to move to the colonies during the 1600s and 1700s?
they wanted a better life for family and start a new life
How did realism reflect the economic and social realities of Europe during the middle decades of the nineteenth century?
Realism was an ideological concept. It came about as a result of the various social and economic upheavals that happened in Europe during the nineteenth century. Therefore it could be argued that it did reflect the situation then.
How Europe ruled Asian colonies before war with how japan did so during world war 2?
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Why is the economy is Europe not a purely capitalist system during the age of discovery?
Because England had colonies and practiced mercantilism.
