They each developed differently due to geographic locations and the people who settled there.
they helped increase the amount of food and crops being produced and this helped the trade increase for the colonies and bring more income/profit to the colonies
resources
the are four types of economic systems: traditional economies, market economies, command economies, and mixed economies. these economic systems differ in how to answer the three basic questions: how to produce, what to produce and for whom to produce. In traditional economies, the three economic questions are decided mainly by social customs. In market economies, the economy is like capitalism in U.S and the economic questions are decided by individuals in the marketplace. In command economies, is like comunism and the questions are decided by the government. In mixed economies, they are decided by a combination of market decisions making and government order. Many different combinations of these four kinds of economic systems are operating around the world today, with different degrees of success.
There are four types of economic systems: traditional economies, market economies, command economies, and mixed economies. these economic systems differ in how to answer the three basic questions: how to produce, what to produce and for whom to produce. In traditional economies, the three economic questions are decided mainly by social customs. In market economies, the economy is like capitalism in U.S and the economic questions are decided by individuals in the marketplace. In command economies, is like communism and the questions are decided by the government. In mixed economies, they are decided by a combination of market decisions making and government order. Many different combinations of these four kinds of economic systems are operating around the world today, with different degrees of success. Free-market and command (apex)
Mercantilist policies made Latin America economically dependent on Spain and Portugal
The colonizers used the resources of their colonies to grow their own economies.
It helped trade and businesses in the Middle Colonies.
It helped trade and businesses in the Middle Colonies.
the economies of southern colonies featured a plantation system rather than small farms
The Economies of the 3 colonial regions were different because they had different laws,different geographies,different cultures,and different religions
What activities nade up the early economies of the North America colonies
What activities nade up the early economies of the North America colonies
the southern colonies
The soils and climates of these three different colony groups were different. New England colonies were in regions were soil was not as fertile as in the Middle colonies. Similarly, the climate in the Southern colonies was warmer and the crops raised were rice, tobacco, and indigo. The economies of these colonies was crop based. The Middle colonies grew many different types of grains.
Making food and clothing
The colonizers used the resources of their colonies to grow their own economies.
The colonizers used the resources of their colonies to grow their own economies.