Question

Why were colonies an important element of mercantilism?

They increased the cost of natural resources.
They limited the amount of gold held by the military.
They provided raw materials and markets for sale.
They increased the amount of taxes paid to the monarchy.

Answer 1

the answer is C "They provided raw materials and markets for sale."

Step-by-step explanation:

They provided raw materials for Britian that they didn't have there, that they could make money from.