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How does credit make the economy grow include circular flow?
The monetary flow in a given economy as a result of the access to the credit makes the economy grow which includes the circular flow.
The economy of the southern colonies?
Economy in The Southern Colonies was based on plantations and slavery. The main crops that were grown were Indigo, Tobacco, Wheat, and Rice due to the easy irrigation from nearby rivers.
How did ancient Egypt's economy grow?
trade
What did the southern colonies economy rely on?
agriculture
For an economy to grow and expand there must be an increase in which of these?
Savings
How did new France compare with the English colonies?
new France had more of a population and a better goverment not such a good economy though. and the english colonies had a good economy.
What is the main difference between who controlled the economy in the English colonies in America and the French Colonies in New France?
slavery
What was the economy like for the english colonies in the north?
England's economy, like that of most European powers, depended on trade
What was the economy like for the english colonies in the north-?
England's economy, like that of most European powers, depended on trade.
Did Philadelphia grow to be the biggest city in English colonies?
yes
Why did the English colonies grow so fast?
because of ;)
What was a major factor in the growth of the population of the English colonies?
A major factor in the growth of the population of the English colonies was the number of settlers that immigrated to the colonies. They caused the populations to gradually grow as they settled in these colonies.
Describe the economy in the New England Colonies?
The often harsh climate and rocky soil meant that few New England farms could grow cash crops.
By 1760 what was the biggest problem with the economy of the English colonies?
A huge balance-of-trade deficit that threatened the solvency of the colonial economy
How did english ideas about government and the economy influence life in the 13 colonies in the 1700s?
policy of mercantilism
How did the apprentices contributed to the economy of English colonies?
Apprentaces contributed to the colonial economy by learning trades. This preserved the knowledge attained by previous generations. It also gave children growing up a place to grow up and learn. It even gave shopowners a source of free labor.
How did the apprentices contributed to the economy of the English colonies?
Apprentaces contributed to the colonial economy by learning trades. This preserved the knowledge attained by previous generations. It also gave children growing up a place to grow up and learn. It even gave shopowners a source of free labor.
