Taking raw materials from other countries to make into new products and sell for gold or silver is - Essentially highway robbery of poor underdeveloped nations A forbidden practice by Britain during the Colonization Era The goal of mercantilism A romanticized version of being the "middle man" outlawed in 1889
The correct answer is: The goal of mercantilism
The correct answer is: The goal of mercantilism.
Mercantilism was an economic doctrine that dominated European trading policies during the colonial era. Its goal was to amass wealth and power for the home country by controlling trade and accumulating precious metals such as gold and silver. This involved acquiring raw materials from other countries, often by exploiting colonies or underdeveloped nations, and then turning them into finished products to be sold for profit. While it did involve taking resources from other countries, it was not considered "highway robbery" in the literal sense. Additionally, being a middleman or engaging in trade as an intermediary was not outlawed in 1889, nor was it a romanticized version of being a middleman.
The correct answer is: The goal of mercantilism.
Mercantilism was an economic policy that was popular during the colonial era, particularly practiced by European countries such as Britain. Under this policy, the aim was to accumulate wealth and power by exporting more goods than importing. This was achieved by taking raw materials from other countries, often underdeveloped or colonized nations, and using them to manufacture finished products. These products would then be sold in exchange for gold or silver, which were considered valuable at the time.
However, it is important to note that describing mercantilism as "essentially highway robbery of poor underdeveloped nations" is a subjective perspective rather than a universally accepted one. Different viewpoints exist regarding the ethical implications of mercantilism.
To find the answer to this question, one should learn about the history and principles of mercantilism, its connection to colonial era practices, and the motivations and policies of European countries during that time. Historical sources, economic literature, and textbooks on colonialism and mercantilism would be useful resources in understanding this practice.