

Unit 1 Part 3 Review
Flashcard
•
Social Studies
•
7th Grade
•
Practice Problem
•
Hard
Wayground Content
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26 questions
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1.
FLASHCARD QUESTION
Front
This is a tax on goods brought into a country...
Back
Tariff
2.
FLASHCARD QUESTION
Front
Who controls and regulates trade in a mercantilist economy?
Back
The government
3.
FLASHCARD QUESTION
Front
What is one role colonies play in a mercantilist system? Options: Colonies purchase raw materials from other countries., Colonies manufacture finished products for the mother country., Colonies sell raw materials to other countries., Colonies purchase finished products from the mother country.
Back
Colonies purchase finished products from the mother country.
4.
FLASHCARD QUESTION
Front
What was the goal of mercantilism?
Back
To control trade and gain wealth
5.
FLASHCARD QUESTION
Front
Definition: Natural resources that are not yet made into anything such as cut trees or coal that has been mined
Back
Raw Materials
6.
FLASHCARD QUESTION
Front
What economic principle is illustrated in the image below?
Back
Mercantilism
7.
FLASHCARD QUESTION
Front
Why were colonists only allowed to trade with their mother country?
Back
The mother country can gain more wealth
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