Age of Exploration-Economic Terms

Age of Exploration-Economic Terms

6th Grade

10 Qs

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Age of Exploration-Economic Terms

Age of Exploration-Economic Terms

Assessment

Quiz

Social Studies

6th Grade

Practice Problem

Hard

Created by

Ashleigh Ishikawa

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is "mercantilism"?

A system where countries share resources equally.

An economic system where countries tried to get rich by controlling trade.

A business where people invest money to share risks and rewards.

A method of farming that focuses on growing only one crop.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a "joint-stock company"?

A company owned by the government to control trade.

A business where many people invest money to share the risks and rewards.

A group of farmers who grow crops together.

A company that only trades within Europe.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are "raw materials"?

Products made in factories from natural resources.

Finished goods like clothes or furniture.

Natural resources used to make goods, like timber or cotton.

Goods traded between colonies and their ruling countries.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a "plantation"?

A small farm where families grow food for themselves.

A large farm that grows cash crops, often using enslaved labor.

A type of farm focused on raising animals for trade.

A community of settlers working together to grow food.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is "profit"?

Money made after all costs have been paid.

The amount of money needed to start a business.

Resources traded between countries for goods.

The total cost of running a plantation.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the "Middle Passage"?

A trade route between Europe, Africa, and the Americas.

The journey enslaved Africans took across the Atlantic to the Americas.

A path used by explorers to travel through the Americas.

A sea route connecting Europe to Asia for spice trade.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the "Triangular Trade"?

A trade route between Europe, Africa, and the Americas.

A system where goods were only traded between colonies.

The exchange of animals and crops between the Old and New Worlds.

The journey of enslaved people from Africa to the Americas.

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