In South Carolina and Georgia, the main cash crops were indigo and rice.
Answer:
This economic system resulted in a favorable balance of trade for England, with greater exports than imports.
Explanation:
The goal of the economic philosophy and system of mercantlism was to generate a positive balance of trade for the mother country, at the expense of the colonies.
In the case of England, the idea was to enrich England at the expense of colonies such as the North American colonies.
The system was succesful in this particular economic area, but it did not necessarily benefit the majority of people in both England and the colonies.
Answer:
D
Explanation:
for the simple fact of security reasons
Answer:
banking practices that put the entire financial system at risk
Explanation:
What caused the crash of the real estate market in 2008 can be traced to "banking practices that put the entire financial system at risk."
This is evident in the fact that many Lenders were observed to be less stringent in their approach in lending credit to borrowers, including those that are not fit to acquire the credits.
This led to increasing housing prices to a degree that many could not really have the money for.
