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He system that uses colonies as a source of raw materials and a market for finished goods is called?
Wiki User
∙ 7y ago
mercantilism
Aisha Wiza
Wiki User
∙ 9y agoMercantilism is the economic system where colonies provided raw materials to England.
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The possession of colonies was a source of which of these for an industrialzed nation?
Limited resources, raw materials, market for finished products, wealth (All Of These)
What helped moved raw materials to the factories finished goods to market?
Railroads helped move raw materials to the factories and finished goods to the market.
Why were colonies so imporntant to a merchantillist economy?
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.
What are the types of town of middle colonies?
market town is one
What word is used to describe the stock market of the Great Depression?
As the depression was getting worse, the stock market was what is called a bear market. The rising market is called a bull market.
The system that uses colonies as a source of raw materials and a market for finished goods is called?
mercantilism
The system that uses colonies asa source of raw materials and a market for finished goods is called?
Colonialism is the system that uses colonies as a source of raw materials and a market for finished goods. It is different from Imperialism in that its motivations are purely economic.
Why was the expansion or colonization important for the industrial revolution in England?
Colonies provided a market for finished goods or Colonies provided cheap labor. Colonies provided England with raw materials.
What required American colonies supply England with raw materials and a market for finished goods?
Navigation acts
The required American colonies to supply England with raw materials and a market for finished goods?
navagation act
Why was the expansion of the colonization important for the industrial revolution in England?
Colonies provided a market for finished goods or Colonies provided cheap labor. Colonies provided England with raw materials.
The possession of colonies was a source of which of these for an industrialzed nation?
Limited resources, raw materials, market for finished products, wealth (All Of These)
What does a colony usually provide for its ruling country?
raw materials and cheap labor for apex 7.2.4
Why were colonies import to European mercantilism?
The colonies supplied European nations with wealth such as raw materials, natural resources, trade routes, and a market place for finished goods.
The system that’s used colonies as a source of raw material and a market for finished goods is called?
mercantilism
What helped move the raw materials to the factories and finished goods to market?
Railroads helped move raw materials to the factories and finished goods to the market.
What helped moved raw materials to the factories finished goods to market?
Railroads helped move raw materials to the factories and finished goods to the market.
