A primary economic driver is the key factor or force that primarily influences and shapes an economy. It refers to the main activity, industry, or resource that generates significant income, employment, and economic growth.
Mercantilism: Mercantilism was an economic system in which nations sought to increase their wealth by exporting more than they imported and accumulating precious metals.
Cash Crop: Cash crops are agricultural products that are grown specifically for sale rather than personal consumption. They often generate significant profits for farmers or plantation owners.
Trade: Trade involves the buying, selling, or exchange of goods or services between individuals, regions, or countries. It plays a crucial role in promoting economic growth and cultural exchange.
What was a primary economic driver for English colonization in North America during the late sixteenth and early seventeenth centuries?
Study guides for the entire semester
200k practice questions
Glossary of 50k key terms - memorize important vocab
About Fiveable
Blog
Careers
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Cram Events
Merch Shop
Crisis Text Line
Help Center
About Fiveable
Blog
Careers
Code of Conduct
Terms of Use
Privacy Policy
CCPA Privacy Policy
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Cram Events
Merch Shop
Crisis Text Line
Help Center
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.