GACE History (6-12) (721) Practice Questions - GACE History (6-12) Assessment (Test Code 721) Exam

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Which economic system, in which colonies existed to enrich the mother country by supplying raw materials and buying finished goods, shaped British policy toward its American colonies?

Mercantilism Laissez-faire capitalism Feudalism Communism

Correct Answer:

Mercantilism

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