Mercantilism and Imperialism: The race for resources and markets
Key Learning Objectives today:
- Understand Mercantilism
- Understand the desire for colonies
- Understand what a “colony” is
- Understand the “secondary factors” regarding imperialism: racism; militarism; wars, etc.
Learning task: Predict problems with mercantilism as an economic theory as well as colonialism as a national policy.