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The most important economic enterprise in the American colonies was the lumber industry. The American colonies traded many goods including cotton and tobacco.

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The most important economic enterprise in the colonies was?

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What was the economic importance of Quebec to the American colonies?

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What is Economic enterprise?

Economic Enterprise describes terminology used concerning the economic development of Indians. An economic enterprise is any business owned by Indians that has been started for profit. Ownership in the enterprise by an Indian, must be over 51 percent in order to be classified as an Economic Enterprise.


American colonies founded for economic reasons were called?

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Which economic policy was based on the idea that the American colonies existed primarily to provide enconomic benefits for Great Britain?

I believe you're slightly confused. Mechantalism was an economic theory that said that for a country to be wealthy and powerful, it had to export more than it important and the colonies were to be founded for the sole purpose of making money for the mother country. Britain founded its American colonies because of this theory.


Why were the American colonies important to England?

The American colonies were important to England for several reasons, primarily economic. They provided a source of raw materials, such as tobacco, cotton, and timber, which were essential for England's growing industries. Additionally, the colonies represented a lucrative market for English manufactured goods. Politically, they expanded England's influence and territorial claims, enhancing its status as a global power.


What was the primary economic policy used by the Spanish with their Latin American colonies?

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Why were the colonies so important to a mercantilist economy?

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How many of the American colonies had seaports on the Atlantic Ocean by 1776?

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What were the economic endeavors of the middle colonies?

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