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How were the economies of Latin American colonies and European countries connect by trade?
Wiki User
∙ 12y ago
Latin American countries were not industrialized but produced raw materials - agricultural, timber, metals and so on. The European countries needed these for their continuous wars and since the second half of the 18th century, for their industrialization efforts. So, European countries imported these commodities, returning processed goods to pay for them. The profits remained in Europe and Latin America remained undeveloped.
Albin Koepp
Wiki User
∙ 9y agoLatin American countries were not industrialized but produced raw materials - agricultural, timber, metals and so on. The European countries needed these for their continuous wars and since the second half of the 18th century, for their industrialization efforts. So, European countries imported these commodities, returning processed goods to pay for them. The profits remained in Europe and Latin America remained undeveloped.
Wiki User
∙ 12y agolatin american countries were not industrialised but produced raw materials - agricultural, timber, metals and so on. The European countries needed these and imported them, returning processed goods to pay for them. The profits remained in Europe and South America was not developed.
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What is the relationship between colonizing countries and their colonies?
The colonizers used the resources of their colonies to grow their own economies.
How did European countries attempt to use their colonies for postwar reconstruction?
They heavily taxed Africans living in colonies to support European industries.
How did the colonizers benefits from the colonies they controlled?
The colonizers used the resources of their colonies to grow their own economies.
Is not a way in which the European countries benefited from the colonies in the New World?
The colonies provided an overland route by which to trade.
Why was US concerned about European countries regaining their colonies during Monroe Doctrine?
The US was concerned about the European countries regaining their colonies during the Monroe Doctrine because they don't want to be dethroned as the world's superpower.
What are two Latin American colonies that were affected by the European exploration?
Brasil and Mexico but all the Latin American countries were affected by European exploration.
What benefit colonies supposed to have for the nations who had them?
The colonizers used the resources of their colonies to grow their own economies.
Why were the US Canada or Mexico all European countries at once?
All of them were considered overseas colonies of European countries in the Americas; the United States and Canada were colonies of England, while Mexico was a colony of Spain. This means they belonged to European countries, not that they were part of Europe: geographically speaking, all of them are American.
Which president said that European countries could no longer establish colonies on American continents?
James Monroe
How many European countries held African colonies by 1914?
7 European Countries were held African colonies by 1914.
What is the relationship between colonizing countries and their colonies?
The colonizers used the resources of their colonies to grow their own economies.
What was the relationship between colonizing countries and their colonies?
The colonizers used the resources of their colonies to grow their own economies.
Why did European countries and stock establish the north American colonies?
So they can get more population in growth For more wealth and power
Which president said that European countries could no longer establish colonies on the American continents?
Monroe Doctrine
Which European countries had colonies in the Americas?
britian
What European countries establishment major colonies in the area of the US?
Spain, England and France were the European countries that established major colonies in the United States.
Why did the US want to prevent European colonies in the Americas?
to prevent European countries from regaining colonies in Latin America
