Question

How does the economy benefit from colonies

Answer 1

The economy benefit from colonies by virtue of the fact that they could count on a steady market for their raw materials.

Step-by-step explanation:

Obtaining colonies in faraway lands will open up new markets to trade their goods and buy items that they do not produce.

Answer 2

Countries mainly benefit from taking over other countries (making them colonies) by taking advantage of the colonies' natural resources.