Mercantilism

Mercantilism

Poll

It is better to be financially wealthy than liked and respected

• Agree

• Disagree

Poll

People are remembered more for their accomplishments than their kindness

• Agree

• Disagree

Poll

The strong should rule the weak.

• Agree

• Disagree

Mercantilism

• Economic theory that states exports should exceed imports

• Money should stay within a country

• Colonies exist to make money for the mother country

Multiple Choice

Which of the following would have been a mother country during colonization?

• Mexico

• England

• United States

• Honduras

The Flow of Goods

• Natural resources are taken from colony to mother country

• Mother Country sells manufactured goods back to colony

• ​Mother Country decides who the colony trades with.

Multiple Choice

Who gets the better end of the deal?

• Colony

• Mother Country

Exports and Imports

• Exports are goods that leave a country because they've been bought by other countries

• Imports are goods that come in a country because the citizens have bought them

Multiple Choice

It is better to have more exports than imports.

• True

• False

Raw Materials vs. Manufactured Goods

• Raw Materials are the basic materials from which a product is made

• Manufactured goods are items made from raw materials using machinery and labor

Multiple Choice

Which of the following is a finished product aka manufactured good?

• Milk

• Cheese

• Wheat

• Carrot

Open Ended

How does this political cartoon illustrate mercantilism?