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to get the resources that they were not capable to get or make themselves
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∙ 14y ago
European countries wanted raw materials to support their growing industries and economies. These raw materials were often not available in Europe in sufficient quantities, so they sought them from colonies in Africa, Asia, and the Americas to power their industrial production, increase wealth, and maintain their competitive advantage in the global markets.
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How did bringing in raw materials such as rubber from other countries affect America cities?
Bringing in raw materials from other countries, such as rubber, provided American cities with the necessary resources for manufacturing and economic growth. This influx of raw materials fueled the development of industries and stimulated urbanization as cities expanded to accommodate factories and production facilities. Additionally, it created job opportunities and contributed to the overall prosperity of American cities.
How did many countries provide for additional raw materials and foodstuffs?
Many countries provided for additional raw materials and foodstuffs through trade agreements and imports from other countries. They also often sought to increase domestic production through agricultural and industrial policies. Additionally, some countries established colonies or territories to exploit their resources.
Why have LEDCs developed mainly as exporters of raw materials?
LEDCs have developed mainly as exporters of raw materials due to historical colonial exploitation, lack of infrastructure for value addition, and limited access to capital and technology for industrialization. Additionally, global market demand for raw materials has often driven this specialization rather than enabling economic diversification.
What impact did the triangle trade have on each on Europe?
The Triangle Trade had a significant impact on Europe as it contributed to the economic growth of many European countries involved in the trade by providing raw materials, such as sugar, tobacco, and cotton, from the colonies. It also led to the expansion of European colonial empires and increased wealth for European merchants and traders. However, the trade also had negative consequences, such as the exploitation and enslavement of Africans, as well as the disruption of local economies in Africa.
How do raw materials affect commercial agriculture?
Raw materials are essential for commercial agriculture because they are used to produce fertilizers, pesticides, and machinery. The availability and cost of raw materials can impact the overall production costs and profitability of agricultural operations. Additionally, the quality of raw materials can influence the effectiveness of inputs like fertilizers and pesticides, affecting crop yields and product quality.
European countries set up terrorities for the purpose of?
gaining income and raw materials
What was the main reason European countries set up?
To increase their wealth and powerGaining income and raw materials
Describes how European countries used colonies as markets for goods as well as getting raw materials?
true
Why did European countries feel it was important to gain more land?
They where looking for new markets and raw materials to improve their economies.
Why did some European nations hope to find raw materials for industry in the Americas?
If they found raw materials, they could have new goods for the market. If they had new goods for the market, they got more money. This was very good for the European countries, because they believed in mercantilism at the time.
European colonized other lands non-financial reason?
To obtain raw materials, Europe expanded imports from other countries and from the colonies.
How did mercantilism contribute to european colonization in north America?
1- The colonies offered political freedoms not found in European countries. 2- European countries could sell colonial goods in Asia. 3- Colonies provided manufactured goods for European countries. 4- Colonies provided cheap raw materials for European nationa.
Why did European set up colonies?
Gaining income and raw materials
Which group depended on the trade network for raw materials?
European businesses.
What did the European countries do that continued to stifle the economic development of Africa?
One of the major ways through which European countries have continued to stifle the economic development of Africa is by offering poor rates for raw materials imported from Africa. This has caused a great rift between the strength of African and European currencies.
How were the economies of Latin American colonies and European countries connect by trade?
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.
What part did raw materials play in imperialism?
Raw materials and the lands that contained them became prime targets for expanding countries. New lands and raw materials could be exploited without danger of the exploitation effects reaching the 'mother countries.' Raw materials also at one time were people, hence the slave trade.
