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What colonies economy was based on farm products and valuable minerals?
Wiki User
∙ 8y ago
Middle Colonies
Wiki User
∙ 8y ago
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How was the southern economy like a colony?
Colonies are usually valuable for the raw materials and agricultural products that they export and have to import manufactured goods. This was true of the South before the Civil War and for many years after that also.
What products did the southern colonies produce in their economy?
the southern had
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.
On what were the economies of the middle colonies based?
Mainly Agriculture, Manufacturing and some trade.
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.
Which 2 industrial minerals are the most valuable to CA's economy?
sand & gravel 0 0 -
How was the southern economy like a colony?
Colonies are usually valuable for the raw materials and agricultural products that they export and have to import manufactured goods. This was true of the South before the Civil War and for many years after that also.
What products did the southern colonies produce in their economy?
the southern had
Why is the Canadian Shield important to the economy?
The Canadian Shield has Canada's most valuable minerals, which are great for trade.
What minerals economy sources for the state of Montana?
Coal and petroleum are Montana's leading mined products.
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.
Why are the rockies important to the economy in Canada?
The Rocky Mountains give valuable rain fall to fertile lands in British Columbia. They also contain many valuable minerals and are a major tourist attraction.
On what were the economies of the middle colonies based?
Mainly Agriculture, Manufacturing and some trade.
What are the advantages of having mineral deposits in a country?
The more valuable the minerals a country has, the richer it is. The country can export the minerals to other countries. The country can use its own minerals rather than having to import them from other countries. Having mineral deposits in a country can also affect the economy of that country. Mining and processing the minerals creates jobs and a healthy economy.
How did the geography affect the economy of the middle colonies?
The affect that geography had on the economy of the middle Colonies was to help the economy. Farming was the main source of the economy and the fertile soil, and Natural Resources aided the Middle Colonies economy.
Was the economy of the Middle Colonies characterized by plantation agriculture?
The economy of the Middle Colonies was not characterized by plantation agriculture. The Southern Colonies had an economy based on plantation agriculture.
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.
