Which of the following two statements does not describe mercantilism?

•mercantilism benefited the colonies

•gold was secured through a colony trading only with the mother country

•colonies could buy goods from other countries besides the mother country

•colonies could ship raw materials to the mother country

•manufacturers sold goods made from raw materials back to the colonies

Mercantilism benefited the colonies and colonies could buy goods from other countries besides the mother country

Explanation:

Neither of these are true.

straight down to hell mate

the outcome of 1970 oil crisis in united states was that, they began to search ways on how to reduce oil.

in 1970 was a period when there were energy and oil crisis. those who were major centers for industrialization were forced to keep way from supplying of petroleum.

some of the result of this crisis was economic growth became stagnant because prices of oil surged.

due to the increased prices some countries like mexico and norway benefited.