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A merchantile system requires control over large amounts of Natural Resources. Colonies were an excellent way to quickly dominate a natural resource in a foreign land.
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∙ 13y ago
Colonies played a crucial role in a mercantilist economy because they provided a source of raw materials and served as captive markets for the mother country's manufactured goods. The colonies acted as suppliers of resources such as timber, minerals, and agricultural products, which were used to fuel the industries back in the home country. Additionally, colonies provided a reliable market for finished goods, ensuring a steady flow of profits for the merchants and the government.
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Why was the economy of the southern colonies so dependent on large plantations when most of colonists lived and worked on small farms?
The economy of the southern colonies was so dependent because they believed in helping eachother out.
The economy of the Southern Colonies was?
The Southern Colonies were of an agrarian economy, so they worked in agriculture, which called for plantations for the crops and the slaves to work on the crops. This became so deeply rooted that this is why the Southern Colonies that were soon to be the Southern States wished for slavery to be legal in the US.
Why were the colonies so important to a mercantilist economy?
Colonies were important in the mercantile economic systems because they were markets in which to buy products from the home country.
How location influenced a colony's economy?
The New England Colonies were cold, rocky, and had tons of trees. They couldn't farm for profit so they built ships, and whaled. The Southern Colonies were warm with rich soil and so they were able to base their economy on agriculture. Since the Middle colonies were ,well, in the middle they were a great place for trade!
What did not encourage industries in the colonies?
England wanted them to buy high priced English stuff untill they came up with Economy. So your answer is England.
Why were vasco da gema's exploration's so imporntant?
because he was smart :)
Why was the economy of the southern colonies so dependent on large plantations when most of colonists lived and worked on small farms?
The economy of the southern colonies was so dependent because they believed in helping eachother out.
The economy of the Southern Colonies was?
The Southern Colonies were of an agrarian economy, so they worked in agriculture, which called for plantations for the crops and the slaves to work on the crops. This became so deeply rooted that this is why the Southern Colonies that were soon to be the Southern States wished for slavery to be legal in the US.
Why was agricultureally so important to the economy of the southern colonies?
many of their crops were successful , and also their economy started to do well too.
Why was agriculture so important to the economy the southern colonies?
many of their crops were successful , and also their economy started to do well too.
Why were the colonies so important to a mercantilist economy?
Colonies were important in the mercantile economic systems because they were markets in which to buy products from the home country.
How locations influenced a colony's economy?
The New England Colonies were cold, rocky, and had tons of trees. They couldn't farm for profit so they built ships, and whaled. The Southern Colonies were warm with rich soil and so they were able to base their economy on agriculture. Since the Middle colonies were ,well, in the middle they were a great place for trade!
How location influenced a colony's economy?
The New England Colonies were cold, rocky, and had tons of trees. They couldn't farm for profit so they built ships, and whaled. The Southern Colonies were warm with rich soil and so they were able to base their economy on agriculture. Since the Middle colonies were ,well, in the middle they were a great place for trade!
How were the various occupations and activities of Colonial America related to the nature of the economy?
The geography affected the economy, occupations, and activities of the thirteen American colonies. The New England colonies were on rocky soil but had tons of forest area and was coastal so lumber and maritime occupations were at the forefront of their economy. The Middle Colonies included New York and Pennsylvania. Their economies were marked by lumber and manufacturing mills. The southern coloniesâ?? economy centered around tobacco and the plantation.
Why were colonies so important to a mercantilist economy?
The goal of a mercantilist economy was to support the parent country and make them more money. Colonies were used to get raw materials shipped back to the parent country so they could produce goods and sell them for money. The parent country also made money on the taxes they put on everything that had to be shipped to them from the colonies before they could be shipped somewhere else.
How was the colonial economies?
colonial economy was among the activities introduced by the intruders in in their colonies so as they can get raw materials to feed their industries in Europe. the components of colonial economy was agriculture, mining, industries,etc
What did not encourage industries in the colonies?
England wanted them to buy high priced English stuff untill they came up with Economy. So your answer is England.
