Daily Life in the Colonies

To give charity

to trade an item for another item

to pay for something with money

to share an idea

it's a product sold to other countries - it goes OUT of the country

it's a product bought from other countries - it comes IN from other countries

it's a product sold to other countries - it goes OUT of the country

it's a product bought from other countries - it comes IN from other countries

Capitalism

Socialism

Mercantilism

Protectionism

Mercantilism

Capitalism

Socialism

Protectionism

Australia, China, Europe

Maryland, Virginia, and Delaware

Africa, the Americas, and Europe

fancy artists

workers skilled in a trade, usually worked with their hands

farmers

naval officers

Go to SCHOOL

Go to WORK

an economic idea that says countries benefit when they export more than they import

groups in society based on wealth or importance

trade one good for another