Question

Name the important source of economic history of the colonial period.

Answer 1

Answer:

Northern colonies mostly relied on trade, while Southern territories were major agricultural producers of cotton and tobacco. The colonial economy was a mercantile system, in which Britain controlled the production and trade of colonial goods.

Answer 2

Answer:

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Explanation:

I think it's your answer

The colonial economy was a mercantile system, in which Britain controlled the production and trade of colonial goods.

• Refers to the financial system formulated by British to draw upon the natural resources of the Indian Subcontinent.
• Refers to the financial system formulated by British to draw upon the natural resources of the Indian Subcontinent.The purpose of building colonial economy was to make sure a continuing supply of raw materials, cheap labor, market, area for investment, and area for settlement.
• Refers to the financial system formulated by British to draw upon the natural resources of the Indian Subcontinent.The purpose of building colonial economy was to make sure a continuing supply of raw materials, cheap labor, market, area for investment, and area for settlement.Northern colonies mostly relied on trade, while Southern territories were major agricultural producers of cotton and tobacco.
• Refers to the financial system formulated by British to draw upon the natural resources of the Indian Subcontinent.The purpose of building colonial economy was to make sure a continuing supply of raw materials, cheap labor, market, area for investment, and area for settlement.Northern colonies mostly relied on trade, while Southern territories were major agricultural producers of cotton and tobacco.The colonial economy was a mercantile system, in which Britain controlled the production and trade of colonial goods.