answersLogoWhite

0

It is now but then so are most countries.

User Avatar

Wiki User

16y ago

What else can I help you with?

Continue Learning about Economics

What statement best supports the theory of mercantilism?

Colonies do not contribute to the economic success of Great Britain


What THREE nations had their economic beginnings through trade with Great Britain?

The United States, Canada and India


How did mercantilism affect of Great Britain and colonies?

Mercantilism significantly influenced Great Britain and its colonies by promoting a system where the colonies existed primarily to benefit the mother country. This economic theory encouraged the accumulation of wealth through a favorable balance of trade, leading Britain to impose strict regulations on colonial trade to ensure that raw materials were sent back to Britain for manufacturing. In turn, the colonies were often restricted in their trade with other nations, fostering resentment and contributing to the desire for independence as they sought greater economic autonomy and opportunities. Overall, mercantilism shaped the economic relationship between Great Britain and its colonies, ultimately sowing the seeds of conflict.


What was the economic problems created by Marie Antoinette and Louis XVI?

Support for the American Revolution put a great strain on the French economy.


How did france avoid the great social and economic problems caused by industrialization?

Because of sheer geographic and demographic size France was powerful and important in economic and political affairs around the time of the Industrial Revolution. Combined with a resistance to industrialization, France avoided associated problems.

Related Questions

What colony were having the most problems with Great Britain?

Massachusetts


Why was the Great Britain having financial problems in 1763?

Because everyone was pour and hungry


Why did great Britain experience economic problems after world war 1?

they spent all of there money on naval support


What contributed to the panic?

economic crises in Great Britain


What problems did the colonists have with great Britain?

that they had a strict trade.


How does Great Britain discuss their problems?

with and/or without vigour


What contributed to the panic 1837?

economic crises in Great Britain


What problems did the newly formed US have with both Britain and Spain have after the American Revolution?

The problems that U.S. experienced with Spain was that Spanish officials closed the lower Mississippi river to U.S. Shipping also that Spain broke off the negotiations. The problem the U.S. experienced with Great Britain was that the Britain's forced American merchants to pay high tariff which is taxes on imports or exports.


Why Great Britain founded the colonies?

for religious, social, and economic freedoms


How will the 2012 Olympics benefit Great Britain?

It will benifit Great Britain by having al the people or tourists will come and buy things and this will help Britain economy.


What problems in England caused the Great Migration?

The problems in England that caused the Great Migration was religious and economic issues. The Great Migration happened in 1630.


What was the name of napoleans economic attemp to defeat great Britain?

The Continental blockade.

Trending Questions
Why,Sonia earned $2,100 at her uncle's orchard. If she worked for 70 weeks and earned the same amount of money each week, What did she earn per week? Why do small business fail? One rupees is equal to how much yen? What is doubled ear on 1984 penny mean? A broad principle that requires identifying the activities of a business with specific time periods such as months quarters or years is the? Show me the Madras university results of November 2006? What activities can one do around Brean? What goods is provided by the U.S. government rather than by individuals food. roads steel or computers? What was the effect of inflammation on industry and it's workers? What is a transaction that involves an exchange of goods? What of the following would result in a reduction of GDP? Why does specialization lead to increased productivity? What is the main reason that firms eventually encounter diseconomies of scale as they keep increasing the size of their store or factory? Why companies concentrate on revenue models instead of business models? When did Argentina join Mercosur? What competitive positioning can attack a more-for-more strategy by introducing a brand offering with comparable quality at a lower price? Will an increase in supply without any changes in demand will cause the price to rise? Why did mercantilism develop in Europe during the 17th century? How much is a penny that has the date of 1900 and another one has 1909 on it worth? What best explains why people with higher income favor buying a home over renting?