THE AMERICAN REVOLUTION 1775 1783
AMERICAN REVOLUTION SOCIAL AND ECONOMIC IMPACT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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manufactured goods
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ships
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raw materials
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guns
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Detailed explanation-1: -The colonial economy depended on international trade. 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-2: -Britain’s wealth was based on trade and its growing empire in the Americas, Africa and Asia was a source of cheap raw materials and cheap labour. Goods from the Americas, Africa and especially Asia were brought to Britain on merchant ships.
Detailed explanation-3: -Under mercantilism, colonies were important because they produced raw materials for the mother country, goods that the country would have to import otherwise (things like grain, sugar, or tobacco). The colonies also gave the mother country an outlet for exports, which increased jobs and industrial development at home.