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How did American merchants expand their trading operation in the 1780s and 1790s?
They sailed from New England ports on voyages they last sometimes three years. They also kept watch out for new goods.
What else can I help you with?
Did the Italian merchants expand their trade market because of the Crusades?
false
How did Carthage expand its empire?
Through trade - it was a trading empire.
What effect did the sale of the Empress of China's cargo have on other merchants?
The sale of the Empress of China's cargo in 1784, which primarily consisted of tea, silk, and other valuable goods, had a significant impact on other merchants by demonstrating the profitability of trade with China. This successful venture encouraged more American merchants to enter the lucrative tea trade, leading to increased competition. As more merchants participated, it also contributed to a broader interest in Asian goods, ultimately helping to establish and expand American commercial interests in the region.
Did Lewis and clark expand the fur trade?
Yes, Lewis and Clark significantly expanded the fur trade during their expedition from 1804 to 1806. Their journey provided valuable information about the geography, resources, and Indigenous tribes of the West, which encouraged further exploration and settlement. The expedition established new trade routes and connections with Native American tribes, ultimately leading to increased fur trading opportunities for American merchants and trappers in the region.
What was large sums of money needed by merchants to invest in business?
Merchants often require large sums of money to invest in various aspects of their business. This could include purchasing inventory in bulk, renting or buying commercial space, investing in machinery or equipment, and financing marketing and advertising campaigns. Additionally, they may need capital to expand operations, hire more employees, or introduce new products/services. Overall, these investments are essential for merchants to drive growth and maximize profits.
How did Phoenicians use their business dealings?
To make a profit and expand their trading empire.
Why was the trading post that Samuel Champlain started important to France?
The trading post that Samuel Champlain started was important to France because it helped establish a profitable fur trading network in North America. This trading post helped France expand its influence in the region and build alliances with Native American tribes for economic and strategic purposes. It also laid the foundations for French colonization efforts in Canada.
Did trading have any effect on civilization?
It helps it grow. It brings in commerce and brings people to expand the civilization.
Why were charters more successful at establishing settlements than England's earlier attempts at colonization?
they attracted merchants and noblemen who were eager to expand their wealth
Why did Romans feel the need to make their trade network grow?
The equites, a class of bankers, money lenders, merchants, owners of shipping companies and investors in mines, were keen on expanding trade to expand their profits. The peoples in the provinces of the empire were also keen on trading with the Romans and with each other for the same reason. Profit is the engine of trade.
Why does gorilla glue expand?
Because it's a polyurethane and that's part of it's principle of operation.
What activities provide the necessary funds to start a business and expand it after it begins operation?
Financing Activities
