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European Mercantilism

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European colonization of other parts of the world was affected by mercantilism due to its ability to strengthen a nation through its attribute to increase wealth. Increased wealth always helped make a nation stronger by building a stronger military and helped it expand the nations influence and supported the lives of others. Its wealth was increased due to the new goods introduced to Europe which was able to be sold to other countries who lacked this good and was able to make a profit from it. Not only that but through mercantilism businesses of all kinds were able to expand and continued to shape up the economy.
As Europe began to colonize other parts of the world, such as North and South America, they discovered new goods there such as food

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