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What were necessary for the transport of raw materials and goods as well as for protection of trade routes and markets?
Wiki User
∙ 8y ago
steam ships
Wiki User
∙ 8y ago
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What was the purpose of colonies according to the theory of mercantilism?
raw materials and markets
Does the Plunge Protection Team exist?
The Working Group on Financial Markets (colloquially the Plunge Protection Team) was established explicitly in response to events in the financial markets surrounding 19th October 1987, known as Black Monday. They were to give recommendations for solutions for "enhancing the integrity, efficiency, orderliness, and competitiveness of financial markets and maintaining investor confidence".
Why were colonies important to mercantilism?
They served as both the source of raw materials and the markets for finished goods.
Four items that the Western Hemisphere provided for Europe are?
a source of raw materials, gold and silver, and colonial markets
According to the theory of mercantilism the principal purpose of the thirteen original colonies was to provide Great Britain with?
raw materials and markets
What was necessary for the transport of raw materials and goods as well as the protection of trade routes and markets?
Steamships
What was necessary for the transport of raw materials and goods as well as for protection of trade routes and markets?
steamboatsSteamships
What Were necessary for the transport of raw materials and goods as well as protection of trade routes and markets?
steam ships
Who Were necessary for the transport of raw materials and goods as well as Protection if trade routes and markets?
Steamships (APEX)
What are industries not tied to specific raw materials or specific markets called?
UK has been called 'Taiwan of Europe' with Japanese trans-nationals. Transport costs are lowest if the raw materials are transported to the factory located at the market.
What role did railroads play in the southern economy?
They shipped materials to northern markets
Which mode of transport are using by traders in the market and why?
land transport is used by the traders because markets are on the land.
What was not a common way to transport manufactured goods to markets on the western frontier?
by railroad
What was a common way to transport manufactured goods to markets on the western frontier?
by railroad
Why has global fashion industry gone global?
-Better transport. -Freedom of trade. -Improvement of communication -Labour availability and skills -cheaper -cheap raw materials -access to markets where the goods are sold -friendly government policies
What role did did railroad in the southern economy?
They shipped materials to northern markets
What was the purpose of colonies according to the theory of mercantilism?
raw materials and markets
