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How did general economic prosperity contribute to demand for consumer goods in Britain?
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∙ 11y ago
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Wiki User
∙ 11y ago
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What statement best supports the theory of mercantilism?
Colonies do not contribute to the economic success of Great Britain
Mercantilists economic philosophy?
Mercantilism is defined as being the economic policy or theory in which a country sets up a colony or several colonies, like Spain did in Latin America or Britain in North America, for the sole reason of the economic gain of the mother country. IN other words, the only reason a mercantilistic country would set up a colony was for the economic prosperity of the mother country through the natural resources and manual labor gotten in the colony.
What led to the economic depression of 1873 in Britain?
The failure of a large investment bank is what led to the economic depression in Britain in 1873. The bank that failed was Jay Cooke and Company.
Is great Britain having economic problems?
It is now but then so are most countries.
Who was involved in the economic reform movement?
Many countries including USA, Britain, China, and Russia.
How did population explosion contribute to demand for consumer goods in Britain?
Ask Mrs. Longo
How did population explosion help contribute to demand for consumer good in Britain?
Ask Mrs. Longo
What best support the theory of mercantilism?
Colonies do not contribute to the economic success of Great Britain
What statement best supports the theory of mercantilism?
Colonies do not contribute to the economic success of Great Britain
How did the population explosion and the general economic prosperity contribute to the consumers goods in Britain?
The population explosion in Britain led to increased demand for consumer goods, prompting businesses to produce a wider variety of products to satisfy consumer needs. The general economic prosperity during this time also provided people with more income to spend on these goods, further driving the expansion of the consumer market.
What did NOT contribute to the US decision to declare war against Great Britain in 1812?
American military and economic preparedness for war
How was the America prosperity intertwined with military fortunes of Britain?
No
How did great britain's capture of the suez canal contribute to increased european imperialism in africa?
It demonstrated the economic value of African territories to other European countries.
How did Great Britain's capture of the Suez Canal contribute to increased European imperialism in Africa?
It demonstrated the economic value of African territories to other European countries.
What did Joseph howe do to contribute to the confederation?
he dident contribute to it he was agenst it. he was loyal to Britain and did not contribute.
What party admired Britain's stability?
The Federalist Party admired Britain's stability for its strong central government, respect for tradition, and balance between executive, legislative, and judicial branches. They believed these principles contributed to social order and economic prosperity, which they sought to emulate in the United States.
What kind of economic problems did Britain face at the end of the war?
economic crash
