0
What else can I help you with?
Why was fur important to french explorers?
Yes For Trading
Why finding the Strait of Anian important?
to make trading with Asia easier
Why was the city of Baghdad important to Muslims?
It was the world's major trading center.
What important products led west Africa to become the trading power?
gold and salt
What dose a triangular trade mean?
A triangular trade refers to a historical trade system involving three regions, where goods and commodities are exchanged in a triangular route. Typically, this involved European nations trading manufactured goods for enslaved people in Africa, who were then transported to the Americas to work on plantations. In return, raw materials like sugar, tobacco, and cotton were shipped back to Europe. This system notably contributed to the transatlantic slave trade and the economic development of the involved regions.
What made the triangular trade important?
Triangular trade was important because it was useful. It was mosty trading in the from of a triangle.
Is Forex day trading strategies can be profitable?
Forex day trading otherwise known as intraday trading can be profitable as well as interday trading. What's most important is the profitability of the strategy being used. A known risk in day trading is the high exposure to risks due to frequent opening of positions.
Where did new England ship sailed to carry-on Trade?
The New England ships sailed to England and Europe to carry on their trading. This was considered as a triangular trading agreement.
Where did New England ships sail to carry on trade?
The coonists traded their goods with the countries, England and Europe. They had triangular trade.
What was the main job in Athens?
Trading, fishing, sailing, and many more jobs were important in ancient Athens. Trading was considered the most important, and most people got their "drachmas" from it.
How did the triangular trading routes?
i do not know!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!1 sorry
Can one rely only on day trading for a living?
Research has shown that day trading can be either extremely profitable or extremely unprofitable. It is said to be very much like a gamble and although some can make a good living from day trading it is not considered lucrative for the average trader.
What was France's most important economic activity in North America in the 1600's?
The French established logging and fur trading in this area. It was a profitable business for many years for the French until the Louisiana Purchase.
Is currency trading profitable in the current economy?
Even in today's economic climate currency trading can be profitable. Before you start though you should research it and make sure you know what you are doing. If you do that then yes you can make a profit.
Are options more profitable than stocks?
Options can potentially be more profitable than stocks because they allow investors to control a larger amount of assets with a smaller amount of money. However, options trading also carries higher risks due to their leverage and complexity. It is important for investors to thoroughly understand options before trading them.
The triangular trade was an example of trading some good for other good is the name generally you used for this kind of trade is?
The triangular trade was a historical trading system where goods (such as slaves, sugar, and rum) were exchanged between Europe, Africa, and the Americas. This type of trade is commonly known as a "triangular trade" due to the triangular route taken by ships moving between the three continents.
Why was the trading post that Samuel Champlain started important to France?
The trading post that Samuel Champlain started was important to France because it helped establish a profitable fur trading network in North America. This trading post helped France expand its influence in the region and build alliances with Native American tribes for economic and strategic purposes. It also laid the foundations for French colonization efforts in Canada.
