How did colonization expand markets for European powers?

History

2 answers:

elena-14-01-66 [18.8K]3 years ago

8 0

Answer:

Each person in a conquered region was also a potential customer

Explanation:

The colonization gave the European colonial powers great advantage and opportunity to get a lot of wealth. The reason for this was that they were able to get the natural resources and raw materials from their colonies for free. They had well established manufacturing plants, so they were manufacturing the natural resources and raw materials and turning them into final products. Then they used the people in their colonies to make more profit by selling them the manufactured goods. This worked perfectly well for the colonial powers, as they were the ones that had the industry and the materials to produce, while the people in the colonies where reliant on them for goods as they did not had anything to be able to compete with it.

Vera_Pavlovna [14]3 years ago

5 0

The answer is:

Each person in a conquered region was also a potential customer.

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