USA HISTORY

FIRST CONTACTS 28000 BCE 1821 CE

SPANISH COLONIES

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
How did the English Colonies get rich?
A
Fur Trade
B
Gold
C
Agriculture and raw goods
D
None of the above
Explanation: 

Detailed explanation-1: -British economic growth was propelled by raw materials supplied by its colonies so the nation could export finished products. Mercantilism brought about many acts against humanity, including slavery and an imbalanced system of trade.

Detailed explanation-2: -American ships carried products such as lumber, tobacco, rice, and dried fish to Britain. In turn, the mother country sent textiles, and manufactured goods back to America.

Detailed explanation-3: -The colonies also gave the mother country an outlet for exports, which increased jobs and industrial development at home. But none of this would happen if the colonies traded with countries other than their mother, which is why Britain took legal steps to force its colonists to buy and trade only with England.

Detailed explanation-4: -Whatever early colonial prosperity there was resulted from trapping and trading in furs. In addition, the fishing industry was a primary source of wealth in Massachusetts. But throughout the colonies, people relied primarily on small farms and self-sufficiency.

There is 1 question to complete.