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11 December, 11:35

According to adam smith, how did the "discovery and colonization" of america affect the economic development of europe?

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  1. 11 December, 11:40
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    it is affected in this way that the surplus product of America was imported into Europe furnished the inhabitants of this great continents with a variety of commodities. it is also done by increasing enjoyment and augmentation. the churches in various developing European countries came in effect, it also able to encourage an other's industries. the trading was developed among Spain, Portugal, France and England. the common advantages which every empire drives from the provinces subject to its dominion, first in the military force which they furnish for its defense and secondly revenue, which they furnish for the support for the civil government.
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