Refer to the image. In which of the following ways did European mercantilist policies contribute to the development of colonial mining operations like the one depicted in the image?

Mercantilism was focused on the primary goal of subjugating indigenous peoples in the Americas.
Mercantilist policies drove European nations to extract raw materials from colonies and to accumulate wealth in the form of bullion.
Silver mining operations led to the prosperity of European colonies in the Americas, which was a primary goal of mercantilism.
Silver mining in the Americas accomplished the mercantilist goal of causing mass inflation in East Asian markets.

Mercantilist policies drove European nations to extract raw materials from colonies and to accumulate wealth in the form of bullion.

Explanation:

Mercantilism was a political economic theory in force in Europe between the 15th and 18th centuries, during which the main European powers set about accumulating wealth through the stock of gold, silver and other precious metals in their national treasures.

Thus, they began to establish colonies in the different territories of America, Asia and Africa, with the aim of exploiting their natural resources and obtaining economic benefits that would allow them to continue accumulating wealth.

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