Trade & Economic Growth

What does economic growth refer to?

• Trading only with European countries

• The laws imposed by England

• The wealth to create goods and services

• The ability to fight diseases

What is the purpose of trade between countries?

• To impose taxes

• To control economic growth

• To purchase goods and services

• To fight off diseases

How did the Columbian Exchange impact Native Americans?

• Increased economic growth

• It brought diseases

• Gave them textiles and tools

• Enforced The Navigation Acts

What were the Navigation Acts designed to do?

• Prevent the Colonies from trading with other countries

• Increase the wealth of Native Americans

• Begin the Triangular Trade

• Stop the spread of diseases

What are imports?

• Goods and services brought into a country

• Profits earned

• Goods and services sent to another country

• Increase in production

Goods sold to other countries

• export

• import

• mercantilism

• triangle trade

3 sided trade route between the 13 Colonies, the West Indies, and Africa; included the slave trade

• mercantilism

• charter

• triangular trade

• cash crop