Question

The name of the system in which Great Britain bought raw materials, such as timber and iron ore, from the colonies and sold finished products back to them at high prices, such as furniture and tools, was called

Answer 1

Mercantile charters were used with British joint stock companies to send raw products to England. Britain was able to send prisoners under contract to work there for a predetermined number of years.

Answer 2

thanks! :)

Answer 3

May I have a medal?

Answer 4

mercantilism