Mercantilism

A group of people who settle in a new land but keep their ties to their homeland can BEEST be referred to as a

• colony
• region
• province
• state

The goal of mercantilism was to create a “favorable” balance of trade by

• importing more than was exported
• exporting more than was imported

Mercantilism can BEST be described as

• economic trade policy in which a country exports more than it imports in order to create a favorable balance of trade

• religious policy in which European countries established missions in the New World

• alliance system used by European nations to maintain peace with the Native Americans of the New World

• political structure implemented by European nations that divided society into a very rigid class system of haves and have nots

According to the economic policy of mercantilism, select the role of the colony.

• provide raw materials

• provide natural resources

• exert governmental control over the mother country

• serve as a market for manufactured goods

According to the economic policy of mercantilism, European nations desired to increase their wealth, power and prestige by

• establishing colonies in the New World

• buying imports from their rival nations

• isolating themselves from the rest of the world

• ALL answer choices

Why did England, France, and Spain want to establish colonies in the New World?

• to avoid sailing around the horn of Africa

• to strengthen their economy through mercantilism

• believed the Native Americans would become powerful allies

• felt that Native American religions would benefit Europeans

According to the economic policy of mercantilism, the colony existed for the benefit of

• Native Americans

• the mother country

• the colonists & settlers

• ALL answer choices

According to the economic policy of mercantilism, the colony would serve as a source of raw materials and natural   resources?

• true
• false

Which are example of a mother country?

• Georgia

• Spain

• France

• England

What European nation was the first to explore what today is the state of Georgia?

• Portugal

• Spain

• England

• France