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They asked for grants

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11y ago
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Anonymous

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3y ago

Why did merchants need to borrow money to launch overseas trading ventures

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Q: How did merchants raise the money for overseas trade?
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Related questions

What did Sargon do to raise money to pay his army and buy the loyalty of his supporters?

by controlling trade routes and taxing merchants


The pattern of overseas trade developed by New England merchants is known as the triangular trade?

True.


What did Italian Merchants trade with?

Italian merchants were known for trading a variety of goods, including spices from the East, silk fabrics, and precious metals. They also traded in luxury items such as art, glassware, and ceramics, contributing to the prosperity of Italian city-states during the Medieval and Renaissance periods.


What did 16th century European merchants trade?

they traded spices , fabrics and wine overseas and in scotland lalala


Why did the use of money trade to grow?

because the merchants where exchanging goods for money


Why did the use money help trade to grow?

because the merchants where exchanging goods for money


Why did the use of money help the trade to grow?

because the merchants where exchanging goods for money


How did the British attempt to raise revenue in the Northern colonies?

Britain tried to raise money to repay war debts in various ways. They raised the taxes and levies, they also worked hard to stop free trade by merchants among other things.


How did the joint-stock companies help merchants overcome the high costs of overseas trade?

The joint-stock benefited from foreign trades in many ways. Commerce is what made most of the money for people it came from monopoly fees, customs or goods.


Why did the use of money help trade to grow in Greece?

For the Greeks used the money to help there trade to grow because the merchants where exchanging goods for money , to later sell them more expensive than they where.


Why did the Maryland settlers raise tobacco?

They grew tobacco for money and trade


Why isn't trade export?

Trade is the exchange of goods for other goods, for money or other considerations. Export is trade with overseas countries which may include importing.