The British benefited from their mercantilist relationship with the American colonies primarily by extracting large amounts of natural resources such as tobacco and sugar, which were in high demand in Europe.
Answer: On September 29, 1916, Rockefeller became the first person ever to reach a nominal personal fortune of US$1 billion (equivalent to US$16 billion in 2018). Rockefeller amassed his fortune from the Standard Oil company, of which he was a founder, chairman and major shareholder.
Explanation:
The Hanseatic League was a commercial and defensive confederation of merchant guilds and their market towns. The League was created to generate economic interest and diplomatic ties between the countries and towns it took place in. The Hanseatic League was so prominent that the towns in the league had their own armies for mutual protection and aid.
Artisans were members of guilds in the later Middle Ages. They joined together to form guilds since individually they had little power to control the production of a particular craft.
