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why did absolute monarchs believe having colonies was beneficial under …

Question

why did absolute monarchs believe having colonies was beneficial under mercantilism?
colonies provided raw materials and markets to sell finished goods.
colonies allowed monarchs to avoid conflicts with other rulers.
colonies gave kings and queens places to retire after ruling.
colonies helped spread democracy and limit royal control abroad.

Explanation:

Brief Explanations

Under mercantilism, colonies were seen as sources of raw materials (like timber, minerals) and markets for selling manufactured goods (such as textiles made in the home country). This was key for a country's economic growth and wealth accumulation as per mercantilist principles (favorable balance of trade, state - controlled economy). The other options are incorrect: colonies didn't prevent conflicts (in fact, often caused them between imperial powers), they weren't retirement spots, and absolute monarchs didn't aim to spread democracy (which would limit their power).

Answer:

Colonies provided raw materials and markets to sell finished goods.