Colonial VA Economay, Resources, and People

________________________ was used as money. It was nicknamed “green gold”.

• Banks
• Tobacco

Farmers and other consumers could also buy goods and services on ___________________________ and pay their debts when their crops were harvested and sold.

• Tobacco
• Credit

Colonial Virginia had no _________________________.

• Banks
• Enslaved

____________________: a good or service owed to someone.

• Debt
• Credit

____________________: buying a good or service now and paying it later.

• Cash Crop
• Credit

  ____________________: trading or exchanging of goods and services without the use of money.

• Barter
• Debt
• Credit
• Savings

Colonial Virginia did not have banks, and paper and coin money was rare.  What did many colonists use as money?

• beads
• tobacco
• fur
• corn

What was one reason the Virginia capital was moved from Williamsburg to Richmond?

• Richmond had cleaner drinking water
• Richmond was a more central location
• Richmond had a smaller population
• Richmond was close to the Chesapeake Bay

Which was one of the reasons the capital had to move from Jamestown to Williamsburg? 

• protect from navy attacks
• contaminated drinking water
• needed a central location
• frequent Indian attacks

The following are reasons the capital was moved from Jamestown to Williamsburg EXCEPT--

• the livestock needed a different type of grass
• the drinking water was contaminated
• unhealthy living conditions caused diseases
• fire destroyed wooden and brick buildings