Terms
What is a medium of exchange?(currency, which includes coins and paper bills)
Money
How many times did the Virginia capital move?
3
Did colonial Virginia have banks?
No
What is natural resource and name some natural resources?
Natural resource is what is found in nature. (Trees, crops, water)
What did the settlers use as an inexpensive source of labor?
African men, women, and children.
Money to put away for a later use.
Savings
Where did the capital first move?
From Jamestown to Williamsburg
How many banks was there in colonial Virginia?
0 (None)
What is capital resources and name a few?
Is what is use to do the work. (bulldozers, hammer, nails)
what was large farms called?
Buy now pay later.
Credit
Why did the capital move to Williamsburg?
Unsafe drinking water.
Diseases.
Fire destroyed buildings.
Name a cash crop.
Tobacco
What is Human resources and name a few?
Human resources are who does the work. (People)
Most enslaved African Americans worked with _____, ____, and _____.
Livestock,crops, and tobacco
Trading goods or services without the use of money?
Barter
Where was the last place the capital moved?
From Williamsburg to Richmond.
What was a way for someone to pay for goods and services instead of money?
Tobacco
What did most houses look like in colonial Virginia?
One-room homes with floors.
What is livestock?
Animals
Something owed to another for a good or service.
Debit
What were the reasons they moved the capital moved from Williamsburg to Richmond?
Population was moving westward.
Richmond was a more central location.
Moving helped protect getting attacked by the British.
If a farmer promises to pay for goods or services after his crop is harvested and sold is know as ______.
credit
What did colonial Virginians use to make clothing?
Cotton wool, and leather.
Did African Amaricans have rights?
No