The nations who either had or wanted to have colonies in the New World or Africa wanted these colonies to bring them a massive amount of natural resources and riches, such as cotton, tobacco, gold, silver, etc--which were wildly profitable.
The correct answer is: "The limited access to currency stifled business growth."
When the money supply is limited, there is scarcity in the money market and the interest rate (the price of money) rises. Therefore, through this price adjustment, equilibrum is reached in the market again.
High interest rates disincentivate investment because<u> borrowing funds to finance new projects has become relatively more expensive. Therefore, businesses will not conduct expansion policies</u> under this scenario.
Answer:
through inheritance so the answer would be c
Explanation:
the population decreased dramatically
people lost their jobs
