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The economic relationship was called Mercantilism. In this system raw goods are sold by the colonies to the "mother" country. The "mother" country would then process and manufacture these goods into a product and sell them back to the colonies at a higher rate. This way, the mainland would make a surplus while the colonies would lose money.
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What was the relationship of Austria to world affairs during the period from 1500 to 1700?
It was a super power in Europe and the Balkan, But did not have colonies in the new world.
Why did people in Europe decide to move to the british colonies during the 1600s and 1700s?
The people in Europe decided to move to the colonies during the 1600s and 1700s because they wanted religious freedom.
What were the economic endeavors of the middle colonies?
Shipbuilding, fishing and small manufacturing services were the main types of economic endeavors that took place during the Middle Colonies. Agriculture was also important to the economics of the middle Colonies.
Which economic system existed in Europe during the early ages?
Manorialism.
What was the relationship between Great Britain and her colonies during colonial era and constitution?
Great Britain tried to over power the colonies and treaty them badly during the coloial era
Which economic system exist in Europe during the early middle ages?
Manorialism.
Which economic system existed in Europe during early middle ages?
Manorialism.
What did the Americans including the colonies exported during the triangular trade?
During the triangular trade, American colonies primarily exported raw materials such as tobacco, cotton, rice, sugar, and indigo to Europe. They also sent fish, lumber, and rum. These exports were crucial in supporting European economies and fueling the demand for enslaved Africans, who were transported to the Americas in return. The trade established a complex economic system that linked the Americas, Europe, and Africa.
Why did people in Europe decide to move to the colonies during the 1600s and 1700s?
they wanted a better life for family and start a new life
How much tobacco was exported to England from the southern colonies in 1745?
In 1745, the southern colonies exported approximately 30 million pounds of tobacco to England. This figure highlights the significance of tobacco as a cash crop and a vital component of the colonial economy. The trade in tobacco played a crucial role in the economic relationship between the colonies and England during this period.
What was dominant economic philosophy in western Europe during the seventeenth century?
mercantilism
What did the Americans including the colonies export in Tranguler trade?
During the transatlantic triangular trade, American colonies primarily exported agricultural products such as tobacco, rice, indigo, and sugar to Europe. They also sent lumber, fish, and furs. In return, they imported manufactured goods from Europe and enslaved Africans from Africa to work on plantations, creating a cyclical economic system that benefited the colonial economy. This trade significantly contributed to the growth of the colonies and the Atlantic economy.
