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What best describes the economic policy of mercantilism?

Colonies creating wealth for the mother country.


What was the economic activities in the southern colonies?

The southern colonies major economic activity was farming and a lot of slavery!!


Skills acquired as an economic professor?

they should learn something!!


What best describes the relationship between geography and economics in the british colonies?

In the British colonies, geography significantly influenced economic activities and development. The availability of natural resources, climate, and terrain determined the types of agriculture, mining, and trade that could thrive in each region. Coastal areas facilitated trade and shipping, while fertile land in certain colonies allowed for plantation economies. Thus, geography shaped the economic structures and prosperity of the colonies, leading to regional specialization and interdependence.


What three colonies founded for strictly economic reasons?

New York, New Jersey, and Jamestown were three colonies that were founded for strictly economic reasons. Most colonies were founded for religious reasons.


Under the economic policy of mercantilism which of these did the colonies not have to do?

Under the economic policy of mercantilism the thing that the colonies did not have to do was Manufacture the same items that were produced to England ------> Is MpK


Middle colonies economic development?

Plantation


Why were the southern colonies settled?

economic reasons


Which statement BEST describes an effect of the British policy of salutary neglect?

The British policy of salutary neglect helped to relax the trade laws that were strictly imposed on the American Colonies. This was made so that they could focus more on European politics.


What helped make Europe a global economic power?

Europe became a global economic superpower by exploiting the resources of its colonies. Mercantilism was an economic system by which European countries benefited economically from their colonies.


Which term best describes an economic slowdown?

An economic slowdown is called a recession.


Which of these describes a market economic system?

Economic decisions are based on supply and demand. A+