The correct option is B. Gold sent home from the colonies was given to the business owners that are the reason for the importance of mercantilism for the European nations.
As a result of mercantilism, conflicts between European nations over trade routes and territory have increased.
How did mercantilism help the colonies?
Colonies were significant under mercantilism because they provided the home country with raw materials and other products that it otherwise would have had to import things like grain, sugar, or tobacco. The colonies also provided the mother country with a market for exports, which boosted employment and industrial growth domestically.
The notion behind mercantilism, which gained popularity in Europe in the 1500s, was that a country's riches and power were best served by boosting exports in an effort to amass precious metals like gold and silver. Western Europe's feudal economic structure was supplanted by mercantilism.
Thus, The importance of mercantilism for the European nations can be attributed to the gold that was sent home from the colonies and given to the company owners.
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