Why was mercantilism important to the European nations?

(1 point)
Responses

Gold sent home from the colonies was given to the various churches.
Gold sent home from the colonies was given to the various churches.

Gold sent home from the colonies was given to the royal treasuries.
Gold sent home from the colonies was given to the royal treasuries.

Gold sent home from the colonies was given to wealthy landowners.
Gold sent home from the colonies was given to wealthy landowners.

Gold sent home from the colonies was given to the business owners.

Gold sent home from the colonies was given to the royal treasuries.

The correct response is:

Gold sent home from the colonies was given to the royal treasuries.