Development of Export
What was a main motivator for imperial powers to colonize
the need for raw materials
What were the two main causes of economic development?
- Imperial powers needed raw materials for industrial factories
- The need to supply food to growing urban cities.
This type of market was created by colonial powers to ensure their manufactured goods had a place to be sold.
what is a closed market?
ima show you___
how great i am (great i am x4)
What are subsistence farmers ?
Farmers that grew a variety of foods that they and their families consumed to stay alive
What type of labor was used on palm oil plantations?
Enslaved Labor
Colonial porfits from experts were often used to purchase these kinds of goods from imperial states.
what are finished manufactured goods?
who founded BOOTYGAINS
what is Madison?
what was required for textile factories
Raw cotton
Which two colonies were highly dependent on exporting cotton to Britain?
Egypt & India
The growing reliance of colonial people on their imperial rulers for economic support
What is economic dependence?
what does the fox say
RINGADINGARINGARINGADINGADINGARING BOOTY!
What minerals were people digging for
Copper & Diamonds
Industrial Production was…
The reorganization of colonial economies primarily benefited this group, rather than indigenous peoples
what are the colonizing overloads?
When was Booty Gains established?
1750