No. European countries wanted colonies because they wanted to gain more wealth. Gold and silver from the colonies made the countries richer. Another reason was for the raw materials that they needed for their factories. Getting raw materials from the colonies was much cheaper than buying from other countries. One more reason was the desire for land and power. Having colonies made replenishing supplies easier and in case of war, the colonies could be used as military bases.
Globalization must be expected to influence the distribution of income as well as its level. So far as the distribution of income between countries is concerned, standard theory would lead one to expect that all countries will benefit. Economists have long preached that trade is mutually beneficial, and most of us believe that the experience of widespread growth alongside rapidly growing trade in the postwar period serves to substantiate that. Similarly most FDI goes where a multinational has intellectual capital that can contribute something to the local economy, and is therefore likely to be mutually beneficial to investor and recipient. And a flow of capital that finances a real investment is again likely to benefit both parties, since the yield on the investment is expected to be higher than the rate of interest the borrower has to pay, while that rate of interest is also likely to be higher than the lender could expect at home since otherwise there would have been no incentive to send it abroad. Loose talk about free trade making the rich countries richer and poor countries poorer finds no support in economic analysis.
Answer:
The tools that are used to create goods are called capital. Sometimes, it is also called capital good.
Answer:
The United States purchased land from France so it could expand the size of the nation
Explanation:
The statement that best explains how the Lewis and Clark expedition was a result of U.S. Foreign policy is that "the United States purchased land from France so it could expand the size of the nation"
This is evident in the fact that the Lewis and Clark Expedition that lasted between 1803 to 1806 was made after the Louisiana Purchase.
The purpose of the expedition is to establish a definite path through the newly acquired territory and develop an American presence in the territory before any other European powers attempt to claim the region.
Its a market base i dont know why but if i have a better reason i will tell you thank you.
