subject
Social Studies, 26.04.2021 01:40 rosepabon

Under this system, the colonies sent their raw materials, harvested by slaves or native workers, back to their mother country. The mother country sent back finished goods, such as textiles and tools. The colonists could purchase these goods only from their mother country, as trade with other countries was forbidden. Additionally, American silver, tobacco, and other items became European commodities, which are products with a monetary value that could be bought and sold. Based on the passage above, what was one of the outcomes of changing the native peoples' economic system?

a
Trading overseas was very expensive, which led to new ways of doing business in Europe.

b
Nations employed conquest, colonization, and trade as ways to increase their share of wealth from the New World.

c
Merchants needed to buy goods at low prices so they could make money by selling them for higher prices in other countries.

d
A system of commerce controlled by individuals for profit encouraged a market economy and early capitalism in the New World.

ansver
Answers: 2

Other questions on the subject: Social Studies

image
Social Studies, 22.06.2019 12:30, FantasticFerret
Question 12 chach os) (amencan money lo 4 hc which of the following scenarios would be most likely to cause a small bank to be less willing to loan money to small businesses in a community? or the bank cannot sell the loan to some other bank at the bank cannot make profit on the loan ut the customer has too much in savings in the community cannot grow from the loan
Answers: 2
image
Social Studies, 22.06.2019 14:00, chessacs2950
Identify the statements that correctly identify a fact about georgia's five regions.
Answers: 1
image
Social Studies, 22.06.2019 15:30, arianawelsh123l
He constitution dictates that the presiding officer of the senate is the a) majority whip. b) vice-president. c) majority leader. d) speaker of the house.
Answers: 2
image
Social Studies, 22.06.2019 17:20, augestfaith
Dominic and stacy each have a stamp collection. dominic has six fewer stamps than three times the number of stamps stacy has. dominic and stacy decide to give all of their stamps to their younger sister, mary. if stacy had s stamps, which expression represents the number of stamps that mary received? a. (3s − 18)(3s − 6) b. 2s − 18 c. 4s − 6 d. 4s − 18
Answers: 2
You know the right answer?
Under this system, the colonies sent their raw materials, harvested by slaves or native workers, bac...

Questions in other subjects:

Konu
Mathematics, 10.06.2021 08:10