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Secondary economic activity?
Secondary economic activity refers to the manufacturing and construction industries that process raw materials into finished products. This sector adds value to the raw materials provided by primary economic activities like agriculture and mining before they are consumed. Examples include car production, electronics manufacturing, and textile production.
He system that uses colonies as a source of raw materials and a market for finished goods is called?
mercantilism
What economic products are provided by conifers?
Timber, turpentine are the two main products.
Why was the expansion or colonization important for the industrial revolution in England?
Colonies provided a market for finished goods or Colonies provided cheap labor. Colonies provided England with raw materials.
What types of products and services are provided by RDM?
RDM test equipment work with material developers, converters and product packagers, who are interested in controlling physical properties of their materials and finished packages.
The products and services that are worth money and are provided by producers are referred to as which of these?
economic value (A+ answer)
Why was the expansion of the colonization important for the industrial revolution in England?
Colonies provided a market for finished goods or Colonies provided cheap labor. Colonies provided England with raw materials.
How did the Caribbean contribute to the Industrial Revolution?
They provided many of the products that were needed. The raw materials were then turned into products that people could buy.
What was England's view of colonies under mercantilism?
England viewed its North American colonies as an economic resource, colonies provided raw materials, made products out of it, and sold it back for a higher price go make a profit.
What does a colony usually provide for its ruling country?
raw materials and cheap labor for apex 7.2.4
What are some valuable material or products provided by forests?
some materials are: lumber, cork, and other wood items
What role did colonies play in mercantilism?
In mercantilism, colonies served as essential sources of raw materials and markets for finished goods. They provided European powers with valuable resources, such as gold, silver, and agricultural products, which fueled economic growth. Additionally, colonies were seen as outlets for surplus manufactured goods, allowing the mother country to maintain a favorable balance of trade. This system reinforced the economic dominance of colonial powers while restricting the colonies' trade with other nations.
