0
A system where trade is controlled by a bigger country is often referred to as a "colonial economy" or "imperial trade system." In this arrangement, the dominant country exerts control over the trade policies and economic activities of smaller, dependent regions or nations, typically extracting resources and agricultural products for its own benefit. This can lead to economic exploitation and limited development for the subordinate areas, as their economies are structured primarily to serve the interests of the larger power. Historical examples include European colonial empires where colonies were restricted to trading only with the mother country.
What else can I help you with?
Which European country controlled trade in the East Indies?
the Netherlands
What was the economic system in England controlled trade of the colonies. The colonies benefitted The Mother Country?
The economic system that controlled trade between England and its colonies was known as mercantilism. This system emphasized that colonies existed primarily to benefit the mother country by providing raw materials and serving as markets for manufactured goods. The Navigation Acts enforced this system by restricting colonial trade to English ships and mandating that certain products could only be exported to England. As a result, while the colonies contributed to the wealth and economic strength of England, their economic activities were heavily regulated to serve British interests.
Land owned by another country and controlled by another country?
land that is controlled by another country answe:1.war 2.colony 3.colonist 4.fur 5.trade 6.dominant 7.freedom
Do the Arabs trade goods with Italian merchants?
Italy as a united country has never controlled trade with Arabs. The city-state of Venice controlled the spice trade along with the Arabs in 1500s and 1600s, but most other forms of trade in Italy were dispersed throughout different provinces at different time periods.
Formalised system of trading agreements with group of country is known as?
trade ventures
What is the country that controlled the fur trade?
france
What is capitalisum?
Capitalism is a political or economic system that a country's industry or trade is being controlled by private owners for property. Capitalism has continued throughout history.
Which European country controlled trade in the East Indies?
the Netherlands
Which western European country controlled the west African trade?
Portugal!
What Economics system is currently replacing communism in former Soviet countries?
Capitalism:an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
How does the legal system of the country designed?
How was The Contintntal System was designed to hurt the trade of which country?
What was the economic system in England controlled trade of the colonies. The colonies benefitted The Mother Country?
The economic system that controlled trade between England and its colonies was known as mercantilism. This system emphasized that colonies existed primarily to benefit the mother country by providing raw materials and serving as markets for manufactured goods. The Navigation Acts enforced this system by restricting colonial trade to English ships and mandating that certain products could only be exported to England. As a result, while the colonies contributed to the wealth and economic strength of England, their economic activities were heavily regulated to serve British interests.
Which Italian cities dominated the trade routs from Asia to Europe for a long time?
Italy was not a united country. City-states like Genoa and Venice controlled much of the trade to Asia.
Land owned by another country and controlled by another country?
land that is controlled by another country answe:1.war 2.colony 3.colonist 4.fur 5.trade 6.dominant 7.freedom
England and France both wanted to break up the monopoly of the Mediterranean trade that was controlled by which country?
Italy
What country's coastal merchants controlled the sea trade surrounding the Mediterranean Sea?
No country - it was the Phoenicians, who were an ethnic group of independent city-states.
capitalism?
an economic system based on open competition in a free market, in which individuals and companies own the means of production and operate for profit
