Colonial Virginia VA 4.A.D.E.

Bartering is...

• a good or service owed to another
• buying a good or service now and paying for it later. 
• money put away to save or spend at a later time
• exchanging goods & services without using money

Debt is...

• a good or service owed to another
• buying a good or service now and paying for it later. 
• money put away to save or spend at a later time
• exchanging goods & services without using money

Credit is...

• a good or service owed to another
• buying a good or service now and paying for it later. 
• money put away to save or spend at a later time
• exchanging goods & services without using money

Savings means...

• a good or service owed to another
• buying a good or service now and paying for it later. 
• money put away to save or spend at a later time
• exchanging goods & services without using money

Money 

• Was only used by the Natives
• Only used by the king
• a medium of exchange used by the colonists
• grows on trees

What did the economy of the Virginia colony depend on? 

• Mining gold and silver
• trading food with natives
• glass blowing
• agriculture

A crop that is grown to sell for money rather than for use by the growers is called

• profitable agriculture
• a growers crop
• a cash crop
• a money crop

What did most white Virginians do for a living in colonial Virginia?

• hunting
• fishing
• farming
• teaching

Where did most of the meals come from in colonial Virginia?

• shipped from England
• native peoples
• local produce and meats
• the grocery store

MOST of the people in colonial Virginia lived in 

• one-room homes
• longhouses
• large plantation homes 
• two story log cabins