Question

How did Britain’s extra supply of money lead to entrepreneurial opportunities for British businesses?

Answer 1

Answer:

Entrepreneurs found new business opportunities and new ways to make profits. Britain invested in new machines and factories

Explanation:

Mercantilism replaced the medieval economic framework in Western Europe. At the time, England was the focal point of the British Empire; however, had a couple of personal assets moderately. To develop its riches, England presented financial strategies that debilitated homesteaders from purchasing remote items, while making motivating forces to purchase British merchandise. For instance, the Sugar Act of 1764 raised obligations on outside-refined sugar and molasses imported by the settlements, with an end goal to give British sugar cultivators in the West Indies, an imposing business model on the pilgrim showcase.