Key term for OCR GCSE History B, used in Encounters.
An economic theory where a nation's power depends on its wealth, driving the belief that colonies exist solely to financially benefit the mother country.
Mercantilism appears in OCR GCSE History B revision content for Aztecs and the Spanish Conquest (1519–1535), especially Encounters and Motives for Spanish expansion.
Create a free account to access OCR GCSE History B revision notes, track progress, and practise related key terms.
