In Line with Mercantilist Theory

question 26

Multiple Choice

In line with mercantilist theory,

• A) governments had nothing to do regarding trade and manufacturing policies.
• B) Latin American countries traded exclusively with their "mother" countries.
• C) Latin American colonies were encouraged to manufacture.
• D) American colonies were viewed as sources of raw materials and markets by Europeans.
• E) the production of heavy industrial products was instituted in Mexico in 1734.

---

Definitions:

Online

Pertains to activities or services that are accessible over the Internet.

Brand Loyalty

The tendency of consumers to continuously purchase one brand's products over its competitors' based on positive experiences or emotional connections.

Product Succeeds

When a product achieves its intended goals, such as profitability, market share, or customer satisfaction.

Satisfying Needs

The process of fulfilling basic and psychological desires or requirements of individuals or communities.