7-1.1 to 7-1.4 Exploration, Mercantilism, Growth of Capitalism

7-1.1 to 7-1.4 Exploration, Mercantilism, Growth of Capitalism

7th Grade

16 Qs

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7-1.1 to 7-1.4 Exploration, Mercantilism, Growth of Capitalism

7-1.1 to 7-1.4 Exploration, Mercantilism, Growth of Capitalism

Assessment

Quiz

History

7th Grade

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Created by

Priya Spinks

Used 9+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What was an essential aspect of the economic theory of mercantilism?

free trade

capitalism

colonies

paper currency

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What was the main idea behind mercantilism?

Colonies existed to make a profit for their mother country

Colonies were used to house prisoners from the mother country

Colonies were allowed to do whatever they wanted

Colonies were setup to help with overpopulation in the mother country

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How did European countries discourage imports of foreign goods to their colonies?

They placed tariffs on exports

They placed tariffs on imports

They forbid the sale of foreign goods in their country

They spread lies about the quality of foreign goods

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What important resource motivated Europeans to setup colonies?

manufactured goods

effective governments

new technologies

raw materials

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a favorable balance of trade?

A nation has more exports than imports

A nation has more imports than exports

A nation's imports and exports are equal

A nation has more trade than their neighbor

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How did European countries control trade with their colonies under mercantilism?

European nations sold raw materials to their colonies

European nations bought finished goods from their colonies

European nations required that colonies only trade with the mother country

European nations did not tax goods from other countries

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which group began to form the middle class during the 17th and 18th centuries?

Merchants
Peasants
Priests
Nobles

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