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Privateers made money by capturing enemy ships and their cargo during times of war. They operated under a government-issued letter of marque, which authorized them to attack enemy vessels legally. The profits from the sale of captured goods, as well as any ransom received from the owners of the ships, were shared between the privateer and their sponsoring government. This arrangement allowed privateers to profit while also serving their nation's military interests.
What else can I help you with?
What is the best way to make money with a farm?
if you are a student you can get a loan through ffa. which will give you the money to but a cow or a sheep. and with the money you make from the sheep or cow. you pay back and you will get more money for the loans the next year until you make enough money to be self efficient.
Why do people make counterfeit money?
Because people want to make money without all the responsibility.
How do the Philippines make money?
they get a job and make money and buy food and a house and lots of other stuff
How did Connecticut make money in 1700s?
how did connecticut earn money
How much money does Georgia make off peaches every year?
how much money does georgia make from peaches
How were privateers compensated during the Revolution?
Privateers were generally compensated by a salary and salvage rights to whatever ships they captured. This practice was also known as 'prize money'.
How much does an AMA pro road racer make?
Depends on the team, the sponsors, and how good you are.... Some AMA racers do not make any money, some are Privateers that actually PAY to race in the AMA!
How did privateers make profits during the civil war?
prostitution
How did the privateers help the Americans in the revolutionary war?
They attacked British merchant ships
Are pirates the same thing as privateers?
no theres a difference in pirates and in privateers....
Privately owned ships commissioned to help during wartime?
Privateers
How do you use the words privateers in a sentence?
Beware, for this coast is rife with privateers andpirates.A whole fleet of privateers awaits without the cove to escort your ship across the pond, m'lady.
Why were privateers important?
Privateers were important because they provided their counntry with goods that was stolen from the other ships
Do privateers have ships?
Yes. They wouldn't be called privateers if they didn't have ships.Privateers without ships are called mercenaries.
It was dangerous for governments to depend upon the use of privateers because?
C. Privateers might attch their parent counties
When did privateers live?
most privateers lived around the colonial time, but very few still exist today.
Legalized pirates more than a thousand strong who inflicted heavy damage on british shipping?
privateers
