lesson 0 chapter 2 Flashcards
Capitalism
an economic system in which
people put money
or capital
Invest
to put (money) to use
& earn a
financial return
Interest
percentage
addled to the
original amount
Mercantilism
economic policy that held the nations
wealth
was measured by its supply
Of gold and silver
Northwest Passage
water route
through
or around North America
Charter
Official document that gives certain rights to a group of people and individual
Guideline
Instructions that tells how something should be done
Representative Government
Political system in which voters elect others to make laws
Religious freedom
Right of all individuals to follow their belief or not belief at all
whats the best way to increase
gold and silver?
decrease exports and increase imports
where were the French located?
canada - { nova scotcha}+ { quebec to louisiana}
where were the dutch located?
new netherlands - { new york } = Peter stuyvesant
new amsterdam - { manhattan }
where were the English located?
roanoke
who was Jamestown named after?
king james
what were some problems
in Jamestown?
- diseases
- problems w/ food
- focus on finding gold rather than building a colony
- harsh weather
- swamps
- lack of leadership
- lazy people