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