1. Mercantilism is essential made up of three steps: Build an empire, Have a favorable balance of trade and Protect your trade. Explain how/why each of these steps is needed for mercantilism.
2. Why did colonies following these mercantile policies? Was there any benefit to mercantilism?
3. What is meant by the term “salutary neglect” and what did it mean for the colonies?
4. How did mercantilism affect Africa and England?