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Under mercantillism the thirteen American colonies were expected to provide great Britain with?

Raw Materials and markets for British products.


What did the British Empire bring to its colonies?

Apart from trade, Canada has probably given most when Britain needed it - particularly during the two World Wars. Canadian forces made up a substantial part of the British Empire forces in both wars. In World War Two the Canadian navy (which grew to be the world's 3rd largest) was vitally important in ensuring the Atlantic was kept open to British shipping.


When did African Markets Overview end?

African Markets Overview ended in 2008.


What are the benefits of the southern colonies?

The Southern colonies are forced to sell their raw materials to their northern masters at a very low price, (sometimes the raw materials are exchanged for protection, from the north itself) the northern masters then use techniques stolen from the south to process the raw materials into products, this is where all the extra value is added, usually by employing illegal immigrants (the very ones they have driven out of business) the products are then sold back to the southern colonies and sold on to the northern markets at a huge profit. Eg. Germany is the 4th largest coffe exporter in the world but it grows no coffee. All the profit is made in Germany, not at source, the south.


Does the Wall Street Crash still affect America today?

Yes, the Wall Street Crash of 1929 has lasting effects on America today. It led to significant regulatory changes in the financial system, including the establishment of the Securities and Exchange Commission (SEC) to protect investors and maintain fair markets. The event also shaped economic policies and public attitudes toward financial markets, leading to a greater emphasis on economic stability and consumer protection. Additionally, the historical lessons from the crash continue to inform responses to modern financial crises.

Related Questions

What was necessary for the transport of raw materials and goods as well as for protection of trade routes and markets?

steamboatsSteamships


What was necessary for the transport of raw materials and goods as well as the protection of trade routes and markets?

Steamships


What were necessary for the transport of raw materials and goods as well as for protection of trade routes and markets?

steam ships


What Were necessary for the transport of raw materials and goods as well as protection of trade routes and markets?

steam ships


What was necessary for the transport of raw materials and goods as well as for protection or trade and markets?

The development of transportation infrastructure such as roads, bridges, and ports was essential for the transport of raw materials and goods. Additionally, the establishment of protective measures like guards and fortifications was crucial for ensuring safety during trade. Access to established markets and trading routes also played a significant role in facilitating the exchange of goods.


Are steamships necessary for transport of raw materials and goods?

Steamships are no longer necessary for the transport of raw materials and goods due to advancements in technology and transportation methods. Modern cargo ships, including container ships and barges, are more efficient and economically viable for large-scale shipping. However, steamships may still hold historical significance and are occasionally used for tourism or specific niche markets. Overall, while they played a crucial role in the past, their necessity has diminished in contemporary logistics.


What are industries not tied to specific raw materials or specific markets called?

UK has been called 'Taiwan of Europe' with Japanese trans-nationals. Transport costs are lowest if the raw materials are transported to the factory located at the market.


What role did railroads play in the southern economy?

They shipped materials to northern markets


Which mode of transport are using by traders in the market and why?

land transport is used by the traders because markets are on the land.


What was not a common way to transport manufactured goods to markets on the western frontier?

by railroad


What was a common way to transport manufactured goods to markets on the western frontier?

by railroad


Why has global fashion industry gone global?

-Better transport. -Freedom of trade. -Improvement of communication -Labour availability and skills -cheaper -cheap raw materials -access to markets where the goods are sold -friendly government policies