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Homework One Answers - Student Fifteen (view source)
Revision as of 14:21, February 9, 2011
, 14:21, February 9, 2011no edit summary
Most Europeans at the time had a mindset that strongly approved mercantilism, which is the belief that the colonies exist for the economic benefit of the mother country. The way the colonies performed this was through the exporting of raw goods like tobacco and corn to England at a cheap price. This new self-trade system greatly stimulated England’s economic strength.
Most Europeans at the time had a mindset that strongly approved mercantilism, which is the belief that the colonies exist for the economic benefit of the mother country. The way the colonies performed this was through the exporting of raw goods like tobacco and corn to England at a cheap price. This new self-trade system greatly stimulated England’s economic strength.
'''-Honors Questions-'''
<big>'''-Honors Questions-'''</big>
'''''Was it expensive to establish a colony? If so, who paid for it?'''''
'''''Was it expensive to establish a colony? If so, who paid for it?'''''