What is a trading colony?

Published by Anaya Cole on

What is a trading colony?

1 a general store established by a trader in an unsettled or thinly populated region.

What is intercolonial meaning?

Definition of intercolonial 1 : occurring or existing between two or more colonies intercolonial trade/travel nearly resulted in bringing about an intercolonial war between Pennsylvania and Virginia.— Theodore Roosevelt.

What does trade mean in the dictionary?

Definition of trade (Entry 1 of 3) 1a(1) : the business of buying and selling or bartering commodities : commerce. (2) : business, market novelties for the tourist trade did a good trade in small appliances. b obsolete : dealings between persons or groups.

What does British colony mean?

a country or area controlled politically by a more powerful country that is often far away: Australia and New Zealand are former British colonies.

What were colonies used for?

People within each of these colonies lived, worked, sourced for food, and developed a culture together as a community. Colonies were a way for the mother country to engage in the practice of mercantilism, or increasing their power by creating a source for exports and raw materials.

When did the colonies start trading?

Colonial Trade By the 16th century, the British Empire had established a vast trade network that connected worldwide. In the late 1500s and early 1600s, European nations focused their resources on expanding their economies to the “New World” of North America.

What does it mean to annex someone?

transitive verb. 1 : to attach as a quality, consequence, or condition Many privileges were annexed exclusively to royalty. 2 archaic : to join together materially : unite.

What is called colony?

A colony is a country or area under the full or partial political control of another country, typically a distant one, and occupied by settlers from that country.

What did the 13 colonies trade?

Trade in the Colonies of New England Items used for trade in the New England colonies Fish, whale products, ships, timber products, furs, maple syrup, copper, livestock products, horses, rum, whiskey and beer.

What is mutual reciprocity?

Mutuality/Reciprocity: The extent to which two actors reciprocate each other’s friendship or other interaction. mutuale — (kwel) mutual, reciprocal. Literature.

What is the difference between annexation and colonization?

Definition of colonization: the action or process of settling among and establishing control over the indigenous people of an area. Annexation is more straight forward, hence a nation invades->occupies another nation with the “open” intention of annexing its territory, subduing its people and plundering its resources.

What is the meaning of the word colonies?

plural colonies. 1a : a body of people living in a new territory but retaining ties with the parent state a colony of settlers. b : the territory inhabited by such a body the 13 British colonies in America.

What were the main components of colonial trade?

Colonial trade was one of the sources of the primitive accumulation of capital. Under these conditions, the chief components of colonial trade were the slave trade and the sale of poor-quality wares at high prices in the colonies.

What is the meaning of the word “colonial power?

b: possessing or composed of colonies Britain’s colonial empire … when the United States became a colonial power, assuming control of Puerto Rico, the Philippines and Hawaii … – Peter S. Canellos.

How do you use colonial in a sentence?

Examples of colonial in a Sentence The country was a colonial power. a colonial nation and its colonial empire The book describes life in Colonial America. an example of colonial architecture The port had been very important in colonial times.

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