Quizs on Colonial Economy and Society

Subsistence Farming

• A type of farming that produces surplus food for trade

• A method of farming that uses advanced technology

• Farming in which only enough food to feed one's family is produced

• A form of agriculture that focuses on cash crops

Proprietary Colony

• A colony run by individuals or groups to whom land was granted

• A colony governed directly by the crown

• A colony established for religious freedom

• A colony that operates under a charter from the government

Mercantilism

• The belief that trade should be free from government interference

• The theory that a state's or nation's power depended on its wealth

• The idea that colonies exist solely for the benefit of the mother country

• The concept that wealth is measured by the amount of gold and silver a nation possesses

Smuggling

• Trading legally with other nations

• Trading illegally with other nations

• Exchanging goods without tariffs

• Transporting goods through legal channels

Triangular Trade

• A trade route that exchanged goods between the West Indies, the American colonies, and West Africa

• A system of trade that only involved Europe and Asia

• A method of trading that eliminated the use of ships

• A trade agreement between the United States and Canada

Export

• To sell goods abroad

• To buy goods from another country

• To transport goods within a country

• To manufacture goods locally

Cash Crop

• A type of crop grown for personal consumption

• A farm crop raised to be sold for money

• A crop that requires no water

• A crop that is only grown in winter

Import

• To sell goods to foreign markets

• To buy goods from foreign markets

• To manufacture goods locally

• To transport goods domestically

Royal Colony

• A colony governed by elected representatives

• A colony run by a governor and a council appointed by the king or queen

• A colony that operates independently from the crown

• A colony managed by local tribal leaders

Overseer

• Person who supervises a large operation or its workers

• A type of overseer in a factory

• A person who manages financial accounts

• An individual who oversees agricultural practices