Mercantilism

Front

What is mercantilism?

Back

A system where a mother countries gains money and power from natural resources that come from its colonies.

Front

True or False? Great Britain wanted to create wealth by importing more goods than it exported.

Back

False

Front

Which term means a good to sold another country?

Back

Export

Front

EXPORTS of the 13 colonies included: Manufactured goods, Raw Materials, Slaves, Gold

Back

Raw Materials

Front

The impact of mercantilism was that

Back

The Mother Country grew wealthy

Front

Wood, water, bricks, corn - are all from the earth. These are called: ____________.

Back

raw materials

Front

Raw materials are used to make the things we make ourselves or buy in stores. Those things are:___________.

Back

manufactured goods

Front

Land the mother country takes in a distant place and uses to make money for itself is a _____________.

Back

colony

Front

Based on the political cartoon, how does mercantilism benefit the mother country? Options: The mother country always has something to eat., The mother country can get rich from the colonies., The colonies provide everything to the mother country.

Back

The colonies provide everything to the mother country.

Front

Mercantilism is when Raw materials were bought cheaply by the 'Mother Country' and sold as refined materials to the colony

Back

Raw materials were bought cheaply by the 'Mother Country' and sold as refined materials to the colony