Due the depression of 1819, Moses Austin wanted to by setting up a new colony in Texas. a.
begin a new life
b.
regain his wealth
c.
help the economy
d.
become part owner of the Bank of St. Louis

Please select the best answer from the choices provided

A
B
C
D

its b

Explanation:Moses Austin: Moses ran a lead mining business. He experienced the panic of 1819 and lost all his money. He had a bold plan to establish a colony in Texas to regain his wealth by charging the people who stay in his colony with fees.

A. There's limited wealth in the world.

Explanation:

Mercantilism was based on the notion that there was limited wealth in the world so countries needed to accumulated as much of it as possible.

For this reason, countries imposed high customs duties on imports from other countries so that people would not buy them and send money to their countries. At the same time they tried to export more so that countries would give them more of the wealth in the world.