British Mercantilism
Authored by Patrick Murphy
Social Studies
9th Grade
Used 5+ times
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22 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
1. Which of the following choices best represents Mercantilism?
An economic system used by colonial nations to increase the wealth of the “home” nation by controlling trade with its colonial possessions
An economic system focusing on Individual Property Rights
An economic system focusing on the belief that allowing individuals to decide eventually benefited the entire society more than government control; belief that markets acted as an Invisible Hand; focused on the laws of Supply and Demand
An economic system which believed that markets acted as an Invisible Hand; focused on the laws of Supply and Demand
2.
MULTIPLE SELECT QUESTION
30 sec • 4 pts
2. Check the choices below which provide the reasons that Britain desired to possess colonies within their Mercantile System.
The provision of inexpensive raw materials
Act as markets for finished products produced in Britain
To provide delightful vacation areas for the British monarchy and nobility
To provide opportunity for British citizens to move and live a life as equals to citizens in Britain
3.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
3. Which of the following choices best represents the manner in which Britain raised funds to pay for the French & Indian War?
They sold bonds to their citizens
They taxed their citizens at an increased weight
They borrowed money from other nations such as Spain and Portugal
They used existing funds that they had saved in their treasury for such purposes.
4.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
4. Which of the following choices best represents what Britain chose to do with the frontier lands they obtained from France following the French & Indian War?
They closed off the frontier lands to prevent conflicts with a confederation of native tribes
They encouraged colonists to move into the frontier areas to help settle and develop the land for increased profit in the Mercantile System
They granted to the land to nobility from Britain, for them to use to increase their family fortunes
They used the new frontier lands to create new colonies to attract new colonists from other parts of Europe, such as Spain and Italy
5.
MULTIPLE CHOICE QUESTION
30 sec • 2 pts
5. Which of the following choices best represents the manner in which Britain chose to create their goal of a "closed loop" of trade?
They created laws such as the Navigation Acts to restrict colonial trade rights
The counted upon the loyalty of the colonists and British citizens to do what was best for the Monarchy
They used markets and the laws of Supply and Demand to dictate what products would be produced and at what price they would be sold
They encouraged all European nations to contribute goods to the Mercantile System to enhance the economic success of the entire European continent
6.
MULTIPLE SELECT QUESTION
30 sec • 4 pts
6. Check the choices below which demonstrate that the colonists viewed Britain as a legitimate government as of 1720.
The colonists were following the expectations of the British Mercantile system
The colonists were following the specific guidelines of the Navigation Acts
The colonists were viewing themselves more as independent rather than dependent in regard to Britain
The colonists were protesting the taxes that followed the Proclamation Act
7.
MULTIPLE SELECT QUESTION
30 sec • 4 pts
7. Check the choices below which demonstrate that the colonists were beginning to view Britain as NOT a legitimate government after 1763.
The colonists were working around the expectations of the British Mercantile system, through actions such as smuggling
The colonists were following the specific guidelines of the Navigation Acts
The colonists vigorously opposed British acts such as the Stamp Act
The colonists supported the British policy which closed the frontier to settlement west of the crest of the Appalachian Mountains
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