2.1 Assessment

1. What is mercantilism?

• a. The belief in accumulating wealth in the form of precious metals like gold and silver.
• b. The belief in selling more goods to other countries than bringing in from other countries.
• c. The belief in establishing colonies to expand trade and accumulate wealth.
• d. The belief in free trade and open markets.

2. What is a colony?

• a. An area of land ruled by another country.
• b. A settlement that is ruled by the indigenous people.
• c. A region that is independent and self-governing.
• d. A utopian society established by religious groups.

3. What happened to the Roanoke colony?

• a. It was successfully established as the first colony in North America.
• b. Europeans returned and found that everyone had vanished, hence it became known as the 'Lost Colony'.
• c. It was conquered by Native American tribes.
• d. It thrived and became a major trading hub.

4. What are consumer goods?

• a. Products meant to satisfy the wants and needs of buyers.
• b. Products that are only available to producers.
• c. Goods that are produced by a specific country for export.
• d. Goods that are not essential for daily life.

5. Which trading company had a monopoly on trade with Africa, the Americas, and other regions?

• a. Dutch East India Company
• b. British East India Company
• c. French West India Company
• d. Dutch West India Company

6. Where was New Amsterdam located?

• a. Present-day New York City
• b. Present-day Los Angeles
• c. Present-day Boston
• d. Present-day Chicago

7. Which English company founded the colony of Jamestown, Virginia?

• a. Plymouth Company
• b. Virginia Company
• c. London Company
• d. Massachusetts Bay Company

8. What is Jamestown known for?

• a. Being the first successful English settlement in North America.
• b. Being the lost colony of Roanoke.
• c. Establishing religious freedom for all.
• d. Being a major center for agriculture.

9. The Counter Reformation was an attempt to reform which religious group?

• a. Protestants who had converted to Catholicism.
• b. Muslims who had converted to Christianity.
• c. Catholics who had converted to Protestantism.
• d. Jews who had converted to Christianity.

10. Who are the Jesuits?

• a. An order of Roman Catholic priests founded in the late 1530s.
• b. A group of Protestant reformers.
• c. A sect of Islamic scholars.
• d. A group of Jewish rabbis.