What effect did mercantilism have on the European economy?

It limited the types of goods that could be sold.
It created wealth from goods sold to the colonies.
It created debt from importing expensive goods from the colonies.
It limited resources due to the high demand for goods.

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LILGODZILLA LILGODZILLA · Answer 1 · 2021-03-17T03:08:52+01:00

Answer:

B

Explanation:

This system created great wealth for europe.

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AbsorbingMan AbsorbingMan · Answer 2 · 2022-04-14T14:11:08+02:00

The effet of Mercantilism on European economy is that it created enough wealth by selling goods to other colonies.

Mercantilism is a theory of generating wealth by selling and exporting more goods to other colonies than it imports.

It encouraged to supply more and more raw materials and export more finsihed products.

In Europe, due to mercantilism, many countries fought wars over trade routes and territories.

Thus it led to create more wealth from selling goods to other colonies.

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