The British government expected the colonists in America to harvest valuable resources and ship them back to England. In return, England protected the colonies and provided them with finished products manufactured from those natural resources.

Which economic relationship is described in the passage above?
A.
bartering
B.
redistribution
C.
supply and demand
D.
mercantilism

Mercantilism was the set of economic practices adopted by European nations between the 15th and 18th centuries. These economic practices are considered by historians as the stage of transition from the feudal mode of production to the mode of capitalist production. In this sense, it is incorrect to say that mercantilism was an economic system, since it did not consist of a mode of production, such as feudalism and capitalism.

Mercantilism was a set of practices applied by European nations in different ways. This variation in the ways of practicing mercantilism occurred according to the interests and the reality of each country. Based on this, we can quote the commercialism between England and the American colonies, where the British government expected the colonists of America to collect valuable resources and send them back to England. In return, England protected the colonies and supplied them with finished products made from these natural resources.