What term refers to the European nations that controlled colonies?
What is a mother country
What is a colony?
What is "a territory controlled by a foreign nation"
What is mercantilism?
What is "nations that create power and wealth by controlling trade"
How did mercantilism affect relationships between countries?
What is "it led to competition and conflicts over resources"
What is a key feature of mercantilism?
What is "government regulation of the economy"
Which country was the most powerful mother country during the 17th century?
What is England
Name one resource that colonies provided to their mother countries.
What is "tobacco"
What does "favorable balance of trade" mean?
What is "when a country exports more than it imports"
What impact did mercantilism have on colonized people?
What is "it often exploited local populations and resources"
How did mercantilism view colonies?
What is "as sources of wealth and resources"
Name one reason why mother countries wanted colonies.
What is "to acquire resources"?
Gold
Silver
Which colony was known for its sugar production?
What is "the Caribbean colonies"
Define "raw materials".
What are "basic materials used to produce goods"
How did mercantilism contribute to the development of trade routes?
What is "by creating networks for transporting goods between mother countries and colonies"
Name one characteristic of mercantilist policies.
What is "tariffs on imported goods"
How did mother countries benefit from their colonies economically?
What is "by extracting raw materials and selling manufactured goods"
How did colonies contribute to the wealth of their mother countries?
What is "by providing cheap labor and resources"
What does the term "trade surplus" refer to?
What is "when a country exports more than it imports"
What was one long-term effect of mercantilism on global trade?
What is "the establishment of a global economy"
What economic practice is often associated with mercantilism?
What is "protectionism"
What was the primary goal of a mother country in terms of trade?
What is "to maintain a favorable balance of trade"
What role did the triangular trade play in the relationship between colonies and mother countries?
What is "it facilitated the exchange of goods, slaves, and raw materials"
What is the difference between imports and exports?
What are "imports are goods brought into a country, while exports are goods sent out of a country"
How did mercantilism influence the rise of capitalism?
What is "by encouraging investment and entrepreneurship in trade"
How did mercantilism affect the social structure within colonies?
What is "it often led to class divisions based on wealth and occupation"