Colonial Economics Word Scramble
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Question | Answer |
Farming, Fur trapping and trading, making of household items | Common Jobs |
Timber | New England |
Shipbuilding | New England |
Fishing | New England |
Staple Crops-wheat, corn, barley, and oats crops that are constantly in demand) | Middle Colonies |
Shipyards/Trade | Middle Colonies |
Production-making of an item | Economy |
Distribution-selling an item | Economy |
Consumption-the buying of an item | Economy |
Good-physical item-examples-food, tools, electronics, clothes | Economy |
Services-an act that helps someone else-examples-teacher, law enforcement, lawyer and banker | Economy |
Cash Crops(grown for the making of profit)-examples- tobacco, rice and indigo | Southern Colonies |
A person who is forced to work without pay for a lifetime service | Slave |
Person who agrees to work 4-7 years in exchangen exchange for theirvoyage to America | Indentured Servant |
Tens of thousands of slaves, 7% of the population were slaves Slave Jobs- house slaves, growing staple crops/working on farms, skilled laborers | Middle Colonies |
Between 1 and 5 thousand slaves Slave Jobs- work in owner's homes, shops-skilled craftsman work force- | New England Colonies |
Two-hundred-thousands/hundred of thousand slaves Slave Jobs- worked on farms growing crops and harvesting crops-1 in 3 slaves on one farm | Southern Colonies |
Creating and maintaining wealth by carefully controlling trade | Mercantilism |
Goods that are brought into our country that are made in another country | Import |
Goods that are made in our country and shipped to other countries | Export |
When a country exports more than they import | Favorable Balance of Trade |
Law made by Britain that stated the colonies could only trade with Britain | Navigation acts |
These both contribute to trade and they also both have to do with Great Britain and how they control trade | Mercantilism and The Navigation Acts |
This stopped because the work was to harsh, also because the slaves would not make it the full 4-7 year term | Indentured Servants |
Created by:
18ShoupK
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