colonial Flashcards
Bringing in items to be used in another country
import
To exit or to send out items to another country.
export
Low in supply or not available.
scarcity
The ability to make more products faster and better.
productivity
Explain supply and demand
supply is how much of a good is available. Demand is how much people want it or need it. if the supply goes up and demand goes low the price goes down. If supply is low but demand is high the price goes up.
Explain the triangular routes- what were they what colonies what countries were involved what was the purpose.
The routes went from the 13 colonies to England to Africa and then to the west Indies. The purpose was to send in items needed by other countries and receive other items.
What did the west Indies Import from Africa.
Slaves and gold
what did the 13 colonies import from the west Indies.
Slaves sugar and molases
What did England export to Africa
Iron products
What did the 13 colonies export to england
Fish whale oil lumber and tabbocco
Why do countries or groups of people trade with each other
people gather materials they need or to share materials they have a lot of. This helps the economy build relationships with other locations.
What industries did New England have
Fishing
fur
lumber
ships
what industries did the middle colonies have
livestock wheat lumber fur iron ships
what industries did the southern colonies have.
farming tabocco cotton rice indigo lumber
A farmer needs fertile land to grow crops in what region would a farmer live in
southern colonies
