causes - economic factors Flashcards
1
Q
When was the ‘golden age’ of the Maori economy and enterprise?
A
Between 1840 and 1860
2
Q
The Maori economy included…
A
Investment in flour mills and coastal vessels and the export of goods to Europe
3
Q
Why was Governor Grey threatened by the Maori economy?
A
Because it threatened the growing colonial economy, and he deemed there was not room for both economies to flourish. With competition, the colonial economy growing was prevented
4
Q
How would the colonial economy grow in the Waikato?
A
Profit via land sales, and the expansion of the dairy farming industry.