How were European economic systems in the American colonies in the 1500s and 1600s different from existing economic systems in Europe?ResponsesMost European colonies were based on agriculture.Most European colonies were based on agriculture.French colonists engaged in commercial activities such as the fur trade.French colonists engaged in commercial activities such as the fur trade.Spanish colonists used enslaved Africans to work on plantations.Spanish colonists used enslaved Africans to work on plantations.Most colonial economies were tightly regulated by the imperial and colonial governments.

How were European economic systems in the American colonies in the 1500s and 1600s different from existing economic systems in Europe?

In which directions did the economic center of Europe shift between the 1400s and the 1500s?west and northwest and eastsouth and westsouth and north

1. Describe how different economic “classes” started to form in early American colonies.

xplain the conditions that were viewed as obstacles to the economic exchange andgrowth by the new commercial classes during the nineteenth century in Europe

During the late 19th century (late 1800s), how did the growth of capitalism (our economy) encourage United States imperialism?ResponsesThe United States needed to obtain new markets for American products.The United States needed to obtain new markets for American products.The United States wanted to provide humanitarian aid to poor nations.The United States wanted to provide humanitarian aid to poor nations.The United States wanted to industrialize underdeveloped nations.The United States wanted to industrialize underdeveloped nations.The United States needed to compete with foreign nations for more workers for our factories.