What did the West Indies export both to England and to New England New York and Philadelphia quizlet?
they exported rum, trade goods, and currency to africa which exported slaves and gold to the west indies and the west indies exported slaves, coins, sugar, and molasses to new england, philadelphipa, and new york.
What products were shipped from Great Britain quizlet?
Certain “enumerated” colonies products could be only shipped with British Empire. In 1660 these included sugar, tobacco, cotton, indigo, and ginger. Later, rice, molasses, furs, copper,and naval stores (pitch, tar, turpentine) were also enumerated.
What were the 4 biggest exports from the colonies to England in the mid 1600s?
Five commodities accounted for over 60 percent of the total value of the mainland colonies’ exports: Tobacco, bread and flour, rice, dried fish, and indigo. Tobacco was by far the highest-valued due to the duties assessed on it on export from America and import into Britain.
Who did the British colonies export goods to?
The British Empire consisted of many colonies, dominions, mandates, protectorates and several territories which were administered by United Kingdom. It was probably the largest empire in the world history and a prominent global power for two centuries.
What did the Encomienda system provide for new Spain quizlet?
what did the encomienda system provide for New Spain? a cheap labor source. What prompted a wave of new businesses and trade practices in Europe in the 16th and 17th centuries? New wealth and the growth of overseas trade.
What did England export?
They exported lumber, fur, whale oil, iron, gunpowder, rice, tobacco, indigo, and naval stores to England. The colonies also exported flour, fish, and meat to the West Indies and rum, iron, gunpowder, cloth, and tools to Africa.
Why was it important for the mother country to export more than it imported?
The idea was that colonies would help their mother countries become self-sufficient and wealthy by exporting more than you import (selling more than you buy). Great nations couldn’t exist without colonies. Exports are the materials being sold or shipped out, and the imports are the materials being bought and coming in.
Were the colonies dependent on England?
They were designed to make the American colonies dependent on the manufactured products of England. … Therefore, the British forbade all non-English ships from trading with the colonies. Because ships made in the colonies were considered British, they too were restricted to trade between homeland and mother country.
What is it called when you export more than you import?
A country that imports more goods and services than it exports in terms of value has a trade deficit or a negative trade balance. Conversely, a country that exports more goods and services than it imports has a trade surplus or a positive trade balance.
Why did Britain need colonies?
England also looked at the settlement of colonies as a way of fulfilling its desire to sell more goods and resources to other countries than it bought. … At the same time, the colonists could be a market for England’s manufactured goods. The English knew that establishing colonies was an expensive and risky business.
The Navigation Acts (1651, 1660) were acts of Parliament intended to promote the self-sufficiency of the British Empire by restricting colonial trade to England and decreasing dependence on foreign imported goods.
What did England import from the colonies?
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.