A group of people who settle in a new land but keep their ties to their homeland can best be referred to as a
Mercantilism

Flashcard
•
Other
•
6th - 8th Grade
•
Hard
Amanda Garza
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11 questions
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1.
FLASHCARD QUESTION
Front
Back
colony
2.
FLASHCARD QUESTION
Front
The goal of mercantilism was to create a “favorable” balance of trade by
Back
exporting more than was imported
3.
FLASHCARD QUESTION
Front
Mercantilism
Back
economic trade policy in which a country exports more than it imports in order to create a favorable balance of trade
4.
FLASHCARD QUESTION
Front
According to the economic policy of mercantilism, how did European nations desire to increase their wealth, power, and prestige?
Back
establishing colonies in the New World
5.
FLASHCARD QUESTION
Front
Why did England, France, and Spain want to establish colonies in the New World?
Back
To strengthen their economy through mercantilism.
6.
FLASHCARD QUESTION
Front
According to the economic policy of mercantilism, the colony existed for the benefit of
Back
the mother country
7.
FLASHCARD QUESTION
Front
According to the economic policy of mercantilism, the colony would serve as a source of raw materials and natural resources?
Back
true
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