Unit 1 Part 3 Review

Unit 1 Part 3 Review

Assessment

Flashcard

Social Studies

7th Grade

Hard

Created by

Wayground Content

FREE Resource

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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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