Busy. Please wait.

show password
Forgot Password?

Don't have an account?  Sign up 

Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
Don't know
remaining cards
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
restart all cards
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Colonial Economy

Economy of the colonies

Goods that are brought into our country that are made in another country Import
Goods that are made in your country and shipped to be sold in other countries Export
Creating and maintaining wealth by controlling trade Mercantilism
Law made by Britain that stated the colonies could only trade with Britain and colonists were forced to ship raw materials and then buy the manufactured goods back from Britain Navigation Acts
A country exports more goods than they import Favorable Balance of Trade
A person who agrees to work from 4-7 years in exchange for his voyage to the colonies Indentured servant
A person forced into labor without pay or benefits for their entire life Slave
Name the region whose economy was based on cash crops Southern
Name the region whose economy was based on staple crops,working in shipyards, merchants Middle
Name the region whose economy was based on timber, shipbuilding, and fishing Northern
Name the jobs common to all regions of the colonies Working on small farms, fur trapping and trading, and making household products
Name the region of the colonies that had over 200,000 slaves used mostly as intense laborers on large plantations. Southern
Name the region of the colonies that had around 15,000 slaves who lived in cities, worked on small farms, and in shops Northern
Name the region of the colonies that had around 23,000 slaves who learned trade skills such as carpenters, blacksmiths,ships or on shipyards. Middle
The science that deals with the production, distribution, and consumption of goods and services is called Economics
To make something is to Produce
To sell something is to Distribute
To consume is to Buy
Physical items Ex.clothes, technology, cars, food Goods
An act that helps someone Ex.lawyers, teachers, policemen, plumbers, waitresses Services
Crops that are continually in demand for example wheat,oats, barley Staple Crops
Crops grown for the purpose of making money such as tobacco, rice, and indigo Cash Crops
Name 2 reasons why indentured servants eventually ended Bad living conditions and very hard work (treated like the slaves)
Created by: Mary Jane Lorson