Although a profitable surplus of products was maintained, money was as scarce in the colonies as it was in England. Whenever gold or silver was earned from exported products, it had to be sent to England to pay debts or to import needed goods. The colonists, therefore, usually bartered products or services for the things they could not produce themselves.
Crops that are sold for money on world markets are called cash crops.
Can a nonprofit foundation give money to a for profit organization
Cash crops.
money was too scarce ap3x
They hoped the crops would bring more money
Although a profitable surplus of products was maintained, money was as scarce in the colonies as it was in England. Whenever gold or silver was earned from exported products, it had to be sent to England to pay debts or to import needed goods. The colonists, therefore, usually bartered products or services for the things they could not produce themselves.
they farmed and fish i guess Because of the excellent soil, the farmers could grow tons of crops. the excess crops they grew, they sold for profit (cash crops).
There are various steps to increase the gross profit. You have to increase the efficiency of the workers. The waste produced must be recycled to save money.
The advantage of exporting crops for money is that you can then use the money to buy imports, and there are always things produced in other countries that are worth importing. No country is completely self-sufficient in all products.
When money is scarce, you may need to use some of your savings.
Crops that are sold for money on world markets are called cash crops.
Scarce
The currency is acquired by planting crops and harvesting them when they are fully grown. Another way to generate money is to buy and sell animals for a profit, though this is a bit riskier.
When money is scarce, you may need to use some of your savings.
A synonym for 'money earned' is salary or profit.
Can a nonprofit foundation give money to a for profit organization
peaple did sell crops for money back in the 1812