The Era of Mercantilism

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20 Questions

Which country enjoyed the greatest benefits of mercantilism between 1640 and 1660?

What was the main goal of mercantilism?

What were the Acts of Trade and Navigation?

Which country monopolized the slave trade and transported slaves from English ports to America?

What economic policy did Britain use to secure its interests in the New World?

What did Britain ship back to England from the colonies?

What led to the American Revolution?

Which goods could only be sold to British merchants according to British authorities during this time?

Who argued that free trade promotes a flourishing economy rather than mercantilism?

Which company was given a monopoly in the trade of slaves by the British in the 1660s?

According to Adam Smith, why did he find the institution of slavery morally abhorrent?

How did Adam Smith view slavery in terms of its economic impact?

What did Adam Smith consider slavery to be in relation to the mercantilist state?

According to Adam Smith, what did he believe was the basis of slavery and European colonialism?

According to Adam Smith, why did he believe free labor was more economically efficient than slavery?

According to Adam Smith, what was the effect of monopoly on wages and capital?

According to Adam Smith, what was the effect of a monopoly on capital accumulation in the colony trade?

According to Smith, how did the monopoly in the colony trade impact the improvement of land?

According to Smith, how did the monopoly in the colony trade affect the rent of land?

According to Smith, what impact did the monopoly in the colony trade have on the market rate of interest?

Description

Test your knowledge on mercantilism and the colonies of Great Britain with this quiz by Leslie Kramer. Explore the economic policy that aimed to increase wealth through exports and learn about the period when Britain's colonies supplied raw materials. Challenge yourself and become an expert on this important era in British history.

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