Colonies
What was the first Royal Colony?
Virginia
What is an economy?
How a country or region gathers wealth through production and trade.
What two principles did the colonists believe were important?
Protected Rights and Representative Government
Which colony was the last and was started as a haven for debtors?
Georgia
What is the difference between import and export?
Import means to buy, export means to sell.
Define Protected Rights
Rights that are protected by law to ensure people are treated fairly.
Which proprietary colony was owned by the Quaker William Penn?
Pennsylvania
How did the colonies financially benefit England?
They produced raw materials and would buy manufactured goods.
Define Representative Government
A government in which the people's interests are represented through elected officials.
What were the Southern colonies known for producing
Cash crops such as Rice and Tobacco
What did the southern colonies rely heavily on to cut costs in harvesting their crops.
The Slave trade/ enslaved Africans.
What were the Navigations Acts?
A series of policies that were used to control colonial tried. They forced the colonies to sell to England and buy from England.
Name 5 of the original colonies
Any 5 Colonies include Pennsylvania, Virginia, Georgia, New England, New York, Massachusetts, North Carolina, South Carolina, Delaware, New Hampshire, Rhode Island, Connecticut, Maryland
Economic term: The idea a country should build their silver and gold treasury by exporting much more than they import.
Mercantilism
Why were the colonists upset over the Navigations Acts?
-The colonists were taxed on the goods they sold and bought.
-The colonists had to sell raw materials to England even if they could get a better price.
-The colonists had to purchase goods back from England after they were manufactured.