colonial money Flashcards

1
Q

import

A

items brought in from orther courintries to be sold.

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2
Q

export

A

items sent out to orther courintries to be used or sold.

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3
Q

scarcity

A

supply is low or not availble

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4
Q

productivity

A

the ability to make more producks faster and better

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5
Q

explain supply and demand

A

supply ; how much of a good is avaibail. demand ; how much people want or need a good. supply gose up but demand is low =prices decrecess. supply is low but demand is high = prices incresses.

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6
Q

explain the triangular trade routes - what where they? what colonies/countries were involved/ what was the purpose?

A

the routs went from 13 colonies to england to africa and to west indies. the pourpous was to receve needed items and sent out items to who need them.

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7
Q

what did the west indies import from africa?

A

slaves and gold

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8
Q

what did the colonies import from the west indies

A

slaves suger and molasses

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9
Q

What did England export to Africa?

A

iorn prouducks

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10
Q

What did the colonies export to England?

A

tabaco fish lumber and wail oil

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11
Q

Why do countries or groups of people trade with each other?

A

some crurintries do not have what thay need so they will trade items needed by orther crurintries to receav what they need

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12
Q

What type of industries were in the New England Colonies?

A

. fur
. lumber
. fishing
.ship bulliding

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13
Q

What type of industries were in the Middle Colonies?

A

. lummber
. farming
. iorn
. live stock

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14
Q

What type of industries were in the Southern Colonies?

A

. farming

  • tabaco
  • cotten
  • rice
  • fishing
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15
Q

A farmer needs fertile land and open farmland to grow a large amount of cash crops. Which region does a farmer live in?

A

the soulth

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16
Q

A cabinetmaker uses lumber to create his cabinets. Which region would the cabinetmaker live in?

A

new england

17
Q

A fisherman needs to be able to reach the ocean to fish both small and large sea animals. Which region would a fisherman live in?

A

new england

18
Q

A blacksmith needs to be close to a source of iron, so he is able to make the horseshoes, tools and nails that his customers need. Which region would a blacksmith live in?

A

the middle