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Q: Which economic system consisted of colonies making for the mother country?
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What is economic venture?

It is a money making project. It is like the Jamestown and Roanoke colonies. They were founded for a economic reason.


What is an economic venture?

It is a money making project. It is like the Jamestown and Roanoke colonies. They were founded for a economic reason.


Which economic policy was based on the idea that the American colonies existed primarily to provide enconomic benefits for Great Britain?

I believe you're slightly confused. Mechantalism was an economic theory that said that for a country to be wealthy and powerful, it had to export more than it important and the colonies were to be founded for the sole purpose of making money for the mother country. Britain founded its American colonies because of this theory.


What were the various economic activities carried on in the Middle Colonies?

Carpentry, Flower Making, Lumbering, Mining and Small Scale Manufacturing


How did European powers use human resources from their colonies for economic gain?

European powers used human resources from their colonies for economic gain by making them do hard work for barely no way. They did all kinds of hard labor for the government with nothing in return.


This colonial law elected body was elected?

The First Continental Congress was a colonial law making body that was made up of elected officials. This group consisted of delegates from 12 of the colonies that defended the rights of their citizens.


Why does each country have to develop an economic system?

Countries have to develop economic systems to provide the framework for people inside of the countries to have a means of making money and sustaining their livelihoods.


What are factors influencing policy making?

There can be plenty of factors influencing policy making in a country. Some are: geographical factors. socio-economic factors. multiculturalism. plurality of the country. castesim. class differences. poverty and backwardness.


What colonial law making body was elected?

The First Continental Congress was a colonial law making body that was made up of elected officials. This group consisted of delegates from 12 of the colonies that defended the rights of their citizens.


What are the economic tools of managerial decision making?

what are the economic tool which help manager in decision making


This economic system has a central authority?

The economic system has a central authority in the management of the affairs of a country. This is very important for countries who are making progress as far as the economy is concerned.


What did King George III want to change about England's way of dealing with the colonies?

King George III intended to cover the expenses of his army and the colonial government by controlling the economies of the colonies. He saw that Britain was not making much of a profit due to ongoing problems on the frontier and trade between the colonies and other European countries.