Tobacco and Sugar played similar roles in the Virginia and Caribbean economies by helping the economies of the colonists,
In these areas, Indentured slaves were used to provide slave labor that they used to cultivate sugarcane in the Colonies.
Both Sugar and Tobacco were exported and sold in the colonies for profit. Very high levels of profit was gotten from the sale of both products. The profits they got was used to take care of the economy, pay taxes and it was also used to buy goods from England.
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Answer: Adam Smith described the opposing, but complementary forces of self-interest and competition as the invisible hand. While producers and consumers are not acting with the intent of serving the needs of others or society, they do. Smith argued against mercantilism and was a major proponent of laissez-faire economic policies. In his first book, "The Theory of Moral Sentiments," Smith proposed the idea of an invisible hand—the tendency of free markets to regulate themselves by means of competition, supply and demand, and self-interest. 1
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Minnesota has 10 electoral votes
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