Podcast
Questions and Answers
What is the primary focus of mercantilism?
What is the primary focus of mercantilism?
- Encouraging self-sufficiency among colonies
- Promoting independent trade
- Government controlled trade (correct)
- Expanding globalization through open markets
Which document established a framework for governing the Connecticut colony?
Which document established a framework for governing the Connecticut colony?
- Charter of the Colony
- Fundamental Orders of Connecticut (correct)
- Joint Stock Company Agreement
- Mayflower Compact
What best describes the role of indentured servants in the colonies?
What best describes the role of indentured servants in the colonies?
- Citizens who did not require contracts to settle
- Employment-based residents contributing to local economies
- Individuals who worked in exchange for free passage (correct)
- Wealthy landowners who invested in trade
How did globalization affect the colonies?
How did globalization affect the colonies?
What is meant by the term 'dissenter' in the context of the 13 colonies?
What is meant by the term 'dissenter' in the context of the 13 colonies?
Flashcards
Mercantilism
Mercantilism
An economic and political system where the government tightly controls trade to benefit the nation.
Self-Sufficiency
Self-Sufficiency
The ability of a nation or group to meet its own needs without relying on others for resources or goods.
Charter
Charter
A contract issued by a government or authority that establishes an institution and outlines the rights and privileges of its members.
Indentured Servant
Indentured Servant
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Separatists
Separatists
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Study Notes
Vocabulary Terms
- Mercantilism: An economic and political system where government controls trade.
- Self-Sufficiency: Not relying on other nations for trade to meet one's needs.
- Globalization: Different parts of the world becoming more interconnected; the exchange of people, ideas, and goods.
- Joint Stock Company: A company where shareholders own company stock.
- Charter: A written document granting an institution rights and governance.
- Indentured Servant: A person under contract to work, often without pay, in exchange for passage to the colonies.
- Traitor: Someone disloyal to their own people or cause.
- Dissenter: A person who disagrees with the beliefs of a group, often religious.
- Separatists: People who form their own congregations outside the main church.
- Mayflower Compact: A shipboard agreement for Pilgrims to follow their own laws upon landing in North America.
- Fundamental Orders of Connecticut: A founding document that outlines the laws and governance of the Connecticut colony.
- Banished: To expel someone from a community or colony.
Colonial Concepts
- Joint Stock Companies used shareholders' funds to finance colonization. Shareholders held stock in the company.
- Charters outlined the rights of the colony and organization which could be a company, a group of people or a social organization.
- Indentured servants provided labor in exchange for passage to the colonies.
- Colonies established their own governments and developed their own sets of laws.
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