What was the main reason for British exploration and colonization of North America?
Responses
To find gold
To spread Catholicism
To increase wealth through mercantilism
To build a strong alliance with the Spanish
8 months ago
8 months ago
The main reason for British exploration and colonization of North America was to increase wealth through mercantilism.
8 months ago
The main reason for British exploration and colonization of North America was to increase wealth through mercantilism.
To understand why this was the case, it's helpful to delve into what mercantilism is. Mercantilism was an economic theory that dominated European thought during the 16th to 18th centuries. It emphasized the importance of accumulating precious metals, particularly gold and silver, as a measure of a nation's wealth and power.
British explorers and colonizers ventured to North America in search of valuable resources, such as gold and silver, in order to bring back wealth to Britain. These resources were seen as essential for strengthening the British economy and maintaining a favorable balance of trade.
Furthermore, the British sought to establish colonies in North America as a means to secure valuable raw materials for their home country. The colonies would provide a source of goods, such as timber, furs, and tobacco, which could be exported back to Britain and contribute to its economic growth.
In summary, the main reason for British exploration and colonization of North America was to increase wealth through mercantilism, as well as secure valuable resources for the British economy.