iinoxii607
iinoxii607 iinoxii607
  • 16-10-2020
  • Social Studies
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Why was South Carolina able to flourish under to economic system of Mercantilism?

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mehak8556
mehak8556 mehak8556
  • 16-10-2020

Answer:

Mercantilism was an economic system in which the mother country controlled trade with her colonies in order to increase her wealth. ... If a country sells more than it buys, it gains wealth. South Carolina served as both a source of raw materials and a market for British manufactured goods.

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