Why was there a high demand for labor in the British North American colonies in the eighteenth century? High mortality rates outpaced births and immigration. There was dramatic expansion in the industrial sector of the economy. Colonists in British North America had low birth rates. Land was abundant and relatively inexpensive.
Added by Evelyn K.
Close
Step 1
** Show more…
Show all steps
Your feedback will help us improve your experience
Akash M and 92 other Microeconomics educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Key Concepts
Recommended Videos
Akash M.
1. Which of the following was a source of tension between English colonists and Native Americans? Colonists and various native groups sought to exploit each other to further their own ends. Native Americans killed colonists indiscriminately, but the reverse was not true. The growing Native American population placed pressure on colonial settlements. Native Americans and colonists competed for control of the tobacco market. 2. "Living in the Americas is an opportunity to find adventure and new business prospects." The above statement is most representative of which group of European explorers? Dutch English Spanish French 3. Which of the following statements reflects the process of commodification? Merchants established sea routes to meet demand for luxury items. The movement of people between Europe and the New World intensified. Europeans profited by bringing tobacco from the New World back to Europe. European nations competed for access to the New World's resources.
Caroline M.
In colonial America, the population was spread thinly over a large area, and transportation costs were very high because it was difficult to ship products by road for more than short distances. As a result, most of the free population lived on small farms, where they not only grew their own food but also usually made their own clothes and very rarely bought or sold anything for money. Explain why the incomes of these farmers were likely to rise as transportation costs fell. Use the concept of comparative advantage in your answer.
Andrew D.
Recommended Textbooks
Principles of Economics
Principles of Microeconomics for AP® Courses
Economics
Transcript
Watch the video solution with this free unlock.
EMAIL
PASSWORD