The policy by which European rulers sought to increase the power and wealth of their realms by extracting resources from their colonies for the benefit of the "mother" country is:

Question

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Mercantilism is the economic policy aimed at accumulating monetary reserves through a positive balance of trade, especially of finished goods. European powers used this policy to extract wealth from their colonies, ensuring that the trade balance favored the mother country.

The Policy by Which European Rulers Sought to Increase the Power