Colonial Economy
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each of the black spaces below before clicking
on it to display the answer.
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| Production, Distribution, Consumption,Goods, and Services | Economy
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| New England, Middle Colonies, and Southern Colonies | Economic Regions
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| Small farms, household items, and fur trapping and trading | Common Jobs
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| Timber, building ships, and fishing | New England
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| Staple crops (wheat,barley,oats), Shipyards, and trade | Middle Colonies
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| Cash Crops(tobacco,rice,indigo) | Southern Colonies
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| Slaves and indentured servants | Use of Labor
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| Works 4to7 years They stopped doing it because people told them about the harsh conditions. | Indentured Servant
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| Works his or her entire life time | Slave
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| New England: least Middle Colonies: middle Southern Colonies: most | Slave Labor by region
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| Creating and maintaining wealth by carefully controlling trade They make the colonists buy things from them and the colonists have to sell their productions with Britain also. | Mercantilism
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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 our country and ship to other countries | Export
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| When a country exports more than they import -Britain does it | Favorable Balance of Trade
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| Law made by Britain that stated the colonies could only trade with Britain -It ties in with mercantilism because they only get to trade and buy from one country. | Navigation Acts
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| making of an item | production
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| selling of an item | distribution
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| buying of an item | consumption
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| physical items | goods
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| helping someone else | services
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Created by:
18gingerichh
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