The economic value of having colonies in the first place was for 3 main reasons
1) attain cheap labour from the native peoples
2) acquire cheap raw materials to bring to the homeland (Europe)
3) open up new markets to trade with
the first two were vital in Britains industrial revolution. Without cheap raw materials, and cheap labourers, the factories and refineries in Britain would have costed far more to maintain and keep supplied. This, in turn, would have slowed down production considerably. There is no doubt in my mind that the industrial revolution would still have taken place in Britain with or without the colonies, but WITH the colonies the process was sped up considerably.
Overall, cheap labour and raw materials attained through Britains colonial interests sped up the industrialisation of the UK.
The way in which Thomas Jefferson might use to describe the common man are:
- A man who is at the center of the U.S economy
- A man who is an independent farmer.
<h3>Who is Thomas Jefferson?</h3>
He was an American statesman who was a fierce advocate for democracy and independence and was one of the American founding fathers and eventually the 3rd American president.
Hence, we can note that Thomas Jefferson, had his own views about the common man who he believed was supposed to be at the center of the U.S economy and also an independent farmer who feeds himself and also sells his farm produce.
Read more about Thomas Jefferson here:
brainly.com/question/4869951
Nickname comes from his mentor, Andrew Jackson, who was called Old Hickory. Polk entered Congress in 1824, when Jackson won the popular, but not the electoral vote to John Quincy Adams. When Jackson won both, in 1828, Polk became his protege.
Answer:
In addition to their different assessments of the current state of race relations and racial inequality in the United States, Americans across racial and ethnic groups also see race and ethnicity playing out differently in their personal lives.
They wanted to find more natural resources, and they also wanted to seek out new markets for European goods.
