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
micro-economies is the study of scarsity and thee need to make trade off.
supply and demand
Poor Africans often engage in informal economies to make money, such as small-scale farming, street vending, and artisan crafts. Many also participate in community-based savings groups or cooperatives that help them pool resources and access markets. Additionally, some seek employment in low-wage jobs, while others utilize digital platforms for freelance work or selling goods online. Overall, resourcefulness and entrepreneurship play significant roles in their income generation.
command and market economy
Colonial economics refers to the economic systems established by colonial powers, characterized by the extraction of resources and exploitation of local labor. To contribute to this system, one might engage in activities that support the trade of raw materials from colonies to the colonizing country, such as investing in or working for companies that benefit from resource extraction. Additionally, promoting policies that favor colonial interests over local economies can further entrench these economic structures. However, it’s important to recognize the ethical implications of such contributions and the lasting impacts of colonialism on affected communities.
The New England Colonies had economies that focused on fishing, shipbuilding, and trading.
The industry and farming skills that the Germans brought with them helped solidify the Middle Colonies prosperity.
The need for enslaved Africans in the Southern colonies in America stemmed from the lack of local labor at cotton plantations. Because of this, slaves became a low cost way to make the fields produce the large amounts of cotton demanded by Europe.
Africans made bells, drums, and rattles.
the main functions of a colonial state was to accumulate as much as they could from the colony. The minor function was to make the colonies rag at the back in Economic Development. In African colonies there was the Application of the Policy of de-industrialization, which also was one of the attempts to make Africans stay amused and starving.
micro-economies is the study of scarsity and thee need to make trade off.
There is no end to the amount of contributions you can make.
the africans make you swell
no contributions!
i am asking you for the contributions that spain make to the world and you are asking me for an answer
Arms sales make a significant contribution to all major economies.
to make money