What is capitalism?

• A social system where wealth is distributed equally among citizens

• A political system where the state controls all resources

• An economic system in which private citizens and companies own the means of production

• An economic system where the government owns all means of production

What is a colony?

• A group of people who travel for religious purposes

• A document granting rights to form a new government

• A type of farming that produces only enough food for a family

• A settlement of people living in a new territory controlled by the home country

What is a charter?

• A trade route between three continents

• A document that granted the right to form a colony

• A type of ship used by pilgrims

• A religious revival movement

What is a joint-stock company?

• A company in which investors bought shares for part ownership in hopes to make money

• A company that provides loans to colonists

• A company that only trades with the New World

• A company owned by the government

What was the Mayflower Compact?

• A charter for the colony of Pennsylvania

• A trade agreement between Europe and the New World

• A document signed by the Pilgrims on the Mayflower which set up an organized government

• A set of rules for indentured servants

Who were the Pilgrims?

• People who undertook a religious journey

• Farmers who produced only enough food for their families

• Investors in joint-stock companies

• Settlers who established the first colony in Virginia

Who were the Puritans?

• A type of pilgrim who was very religious and wanted to be as 'pure' as possible

• A type of farmer in the New World

• A group of people who established the colony of Georgia

• A religious group that founded Maryland

Who were the Quakers?

• A type of joint-stock company

• A type of pilgrim who was persecuted in England and founded the colony of Pennsylvania

• A group of people who signed the Mayflower Compact

• A religious group that established the colony of Virginia

Who were indentured servants?

• Wealthy landowners in the New World

• Investors in joint-stock companies

• Poor people from England who agreed to work without pay for a certain amount of time in hopes of starting a new life

• Religious leaders in the colonies

What is subsistence farming?

• Farming that produces surplus food for trade

• Farming that relies on slave labor

• Farming that uses advanced technology

• Farmers who only produced enough food to feed their families with no leftovers