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Why might establishing overseas colonies have justified high profits for those who financed the colonies?
Wiki User
∙ 11y ago
The home country would receive goods from foreign areas
Wiki User
∙ 12y ago
Wiki User
∙ 11y agoBecause although a lot of money goes into the finances of the trading journeys and the new crops, the amount of new things that the people were bringing back to Europe were good and were coming in great amounts. Also, whenever a country is colonizing a new land, there is always profit that comes in, so I think this is why people were able to financially support the colonization of new lands; they knew there would be a lot to come back to them if they did.
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How did troops from Europe's overseas colonies become involved in the war?
The British used Indian troops in light infantry and cavalry roles in overseas colonies during the war. The French used troops from North and West Africa as part of their elite foreign legion.
Why did the new England merchants became leading members to society?
Trade was vital to New England's economy. New England merchants traded goods locally, with other colonies, and overseas. Many of the traded local products such as furs, pickled beef, and pork. Many merchants grew in power and wealth, becoming leading members of the New England colonies.
Why was the amistad revolt important?
it was overseas
How did the US gain an overseas empire?
a dollor bill and a cokacola
What overseas market did American negotiate for the early 1900' s?
the russia
Which of these economic systems developed as European countries began establishing overseas colonies?
mercantilism
What did Spain lose at the end of the Spanish American war?
overseas colonies-apex
Was American expansion overseas justified?
boba
What was the policy that nations used to gain overseas colonies?
1) Policy of colonization by establishing business or trade units 2) Anexure of colonies using military conquests 3) Policy of providing defense and in lieu asking for some territories.
What are reasons for the establishment of European overseas colonies?
peanl colonies
Did the Mercantilist theories caused European nations to abandon their overseas colonies?
Mercantilist theories caused European nations to abandon their overseas colonies.
What was the European justification for slavery?
Europeans justified slavery by arguing that it was economically necessary for their overseas colonies, as well as morally acceptable due to the belief in the superiority of European culture and religion. It was also seen as a way to civilize and Christianize indigenous populations.
Did the mercantilism theories cause European nations to abandon their overseas colonies?
Mercantilism theories did not cause European nations to abandon their overseas colonies. Mercantilism, in fact, motivated colonial expansion and war.
What was an aspect of mercantilism?
One aspect of mercantilism is building a network of colonies overseas.
What was aspect of mercantilism?
One aspect of mercantilism is building a network of colonies overseas.
What was a worldwide impact of industrialization?
Industrialized nations exploited their overseas colonies ideologies
What did Spain lose at the end of spanish-American war?
overseas colonies-apex
