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Chapter 7 Section 1

History Chapter 7 Section 1

QuestionAnswer
Colonies provided raw materials and new markets Exploration and Colonialism
Largest and most powerful navy Seapower
Country was at peace and could thrive Political Stability
Gov. passed laws that favored businesses Government Support
Private businesses funded research and development Growth of Private Investment
invented the seed drill for more efficient farming Jethro Tull
Improved livestock breeding Positive
Better variety of food/crops Positive
All lead to larger population Result
Small farms combined into larger farms Enclosure Movement
Land, Labor and Capital Factors of Production
What land means All natural resources
What labor means People available to work
What capital means Funds for investment
How land was an advantage Had coal for fuel, iron for steel, waterways for shipping
How labor was an advantage growing population, people who had lost farmland
How capital was an advantage Country prosperous, money to spend, poeple with abilities
Created by: sandybr
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