COLONIAL AMERICA TEST REVIEW Flashcards
Prices will go up when
supply is low and demand is high
the first permanant english colony in north america was
jamestown
scarcity forces people to make
economic choices and incur an opportunity cost
Europeans wanted to discover a new, shorter route to eastern asia in order to break the hold that____________ had on trade with asia, gain more_________for themselves,_________ the price of goods from asia
muslim merchants
profit
reduce
The magna carta granted rights to
nobles
What did Charles I do to parliaments
He dissolved parliament and placed areas under martial law
Charles I eventually had to sign the____
petition of right
The glorious revolution was a
peaceful transfer of power
The US has left a deep imprint on the rest of the world because of its__________ideas, revolutionary___________ experiment, and boundless___________for____________
liberal
democracy
opportunities
ordinary people
A market from the colonial period would consist of a ____________ between people in the same village
bartering system
the puritans started the massachusetts bay colony to
live according to their religious beliefs
production and consumption, today compared to during the colonial period, would be that goods are
produced faster and cheaper so consumption rises
Assembling goods in a factory is part of the
production process
the true discovers of the americas were the ancestors of the
native americans
natice american civilization was least highly developed in
north america
volitarire believed in
free speech