Week 15, Colonial Virginia Economy

Few people had paper ___________________________ or coins to use to buy goods and services.

• Money
• Tobacco

A __________________________ system was commonly used instead of money.

• Barter
• Tobacco

Farmers and other consumers could also buy goods and services on ___________________________ and pay their debts when their crops were harvested and sold.

• Tobacco
• Credit

________________________ was used as money. It was nicknamed “green gold”.

• Banks
• Tobacco

Farmers and other consumers could also buy goods and services on ___________________________ and pay their debts when their crops were harvested and sold.

• Tobacco
• Credit

Colonial Virginia had no _________________________.

• Banks
• Enslaved

African men, women, and children were brought into the Virginia colony and _________________________ to work on the plantations.

• Tobacco
• Enslaved

The Virginia colony became ___________________________ on slave labor, and this lasted a long time.

• Dependent
• Banks

The economy of Virginia colony depended on _________________________ as the primary source of wealth.

• Money
• Tobacco

Tobacco became the most ___________________________ agricultural product.

• Profitable
• Money