Why did Mercantilism lead to European nations colonizing America? O The colonies provided European nations with land, resources, and labor as well as a market to sell to. Under Mercantilism, European nations allowed economic freedom within their colonies. Gold was the only valuable resource under Mercantilism so in order to get more wealthy, European nations colonized to find take gold from natives The colonies were industrialized and could provide Britain and Spain with. manufactured goods.
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