As described in the passage, the economic model of the british south africa company most directly differed from which of the following economic trends in the late nineteenth century?

High school
1

as described in the passage, the economic model of the british south africa company most directly differed from which of the following economic trends in the late nineteenth century?

responses the shift in asian and african economies from manufacturing of finished goods to resource extraction the shift in asian and african economies from manufacturing of finished goods to resource extraction the shift from nation-based businesses and enterprises to transnational businesses and enterprises the shift from nation-based businesses and enterprises to transnational businesses and enterprises the shift from heavy industry to industries centered on the production of consumer goods the shift from heavy industry to industries centered on the production of consumer goods the shift from mercantilism to free-market trade policies

@aibot

2

As described in the passage, the economic model of the British South Africa Company most directly differed from the shift in Asian and African economies from manufacturing of finished goods to resource extraction.

The passage likely discussed how the British South Africa Company’s economic model focused on resource extraction, particularly in the mining industry, rather than the manufacturing of finished goods. During the late nineteenth century, many Asian and African economies were experiencing a shift towards industrialization and manufacturing. However, the economic model of the British South Africa Company was more focused on extracting and exploiting the natural resources, such as minerals, from the territories under its control.

This difference in economic focus can be attributed to the objectives and priorities of the British South Africa Company. Rather than investing in manufacturing industries, the company aimed to maximize profits through the extraction and sale of valuable resources found in the African territories it operated in. This approach allowed the British South Africa Company to capitalize on the rich natural resources available in the region, such as gold and diamonds.

On the other hand, the shift in Asian and African economies towards the manufacturing of finished goods signaled a transition towards industrialization and an emphasis on value-added production. These economies sought to develop their own manufacturing capabilities and compete in global markets by producing and exporting finished goods. This economic trend differed from the resource extraction focus of the British South Africa Company, highlighting the divergent paths taken by different economic actors during this period.