Answer:
Between 1920 and until the early 1940s, the only communist country was the Soviet Union, where the first communist revolution, led by Vladimir Lenin, was successful in 1917.
From the early 1940s onward, communism began to expand rapidly to many areas in the world. For example, after the end of World War II, the Soviet Union expanded communism in Eastern European Countries like Poland, Hungary, and Romania, where it installed puppet governments.
In 1949, another important country became comunist: China. Led by Mao Zedong, the Chinese communists won the civil war against the Chinese nationalists (the Kuomintang, who later fled to Taiwan). In the same year, the Chinese People's Republic was proclaimed.
A lot of people make profit from business transactions. The Entrepreneurs who conducted business in the Port cities of the American colonies were the group in the American colonies benefited the most as a result of this trading system.
- The colonies were set up to meet some roles in a mercantilist system. The role is to provided free raw materials for English manufacturers and a growing market for the consumer goods that they produced.
A lot of entrepreneur especially the white southerners were known to be richest, on average, as they benefited from mercantilism.
Great Britain was known to also enjoyed the greatest benefits of mercantilism. The empire's colonies did supply raw materials and resources to the mother country.
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Answer:
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