Mercantilism CFU

Front

Under Mercantilism, England shipped ________ ___________ to its colonies.

Back

finished goods

Front

Under Mercantilism, the colonies shipped ________ ___________ back to England.

Back

raw materials

Front

The economic policy that made the "mother country" rich by not letting colonies trade with anyone else was known as...

Back

Mercantilism

Front

Which practice was characteristic of a mother country practicing mercantilism? Options: Importing raw materials from colonists and selling them finished goods, Prohibiting colonists from fishing and fur-trapping, Shipping large amounts of gold and silver from Europe to the colonies, Increasing the use of slave labor to manufacture goods in Europe

Back

Importing raw materials from colonists and selling them finished goods

Front

According to the theory of mercantilism, the principal purpose of the thirteen American colonies was to provide Great Britain with —

Back

raw materials and markets

Front

What is a raw material?

Back

A resource used to make a product.

Front

A system in which the king tried to increase his nation's wealth by having colonies only trade with the mother country.

Back

mercantilism

Front

The policy of mercantilism is best described as the idea that colonies should buy manufactured goods from, and sell materials to, the ruling country.

Back

Colonies should buy manufactured goods from, and sell materials to, the ruling country.

Front

What is a raw material?

Back

A resource used to make a product.

Front

What did the European "mother countries" do with the raw materials?

Back

Turn them into finished products