Development

Question 1

Aboriginal Economies:Resource Management

Answer 1

Sustainable use of natural resources.

Question 2

Aboriginal Economies:Farming and Trading

Answer 2

Traditional agricultural and trade practices.

Question 3

Aboriginal Economies:World Views

Answer 3

Holistic and interconnected view of nature.

Question 4

Aboriginal Economies:Wealth/Social Standing

Answer 4

Community-based wealth distribution and social hierarchies.

Question 5

Aboriginal Economies:European Attitudes

Answer 5

Differing views on land ownership and resource exploitation.

Question 6

Colonial Economies:Heartland, Hinterland

Answer 6

Economic regions with the heartland being the economic core and the hinterland the periphery supplying raw materials.

Question 7

Colonial Economies:Staple Trade

Answer 7

Export of raw materials like fur, fish, wheat, and timber.

Question 8

Colonial Economies:Staple Thesis

Answer 8

Theory that economic growth was driven by the export of staple commodities.

Question 9

Colonial Economies:Expansionism

Answer 9

Colonial expansion for economic gain

Question 10

Colonial Economies:Mercantilism

Answer 10

Economic policy of accumulating wealth through trade surplus.

Question 11

Colonial Economies:Preferential Trade Status, Reciprocity

Answer 11

Trade agreements favoring certain countries, and mutual tariff reductions.

Question 12

Colonial Economies:Tariffs

Answer 12

Taxes on imports to protect domestic industries.