Unit 1-Exploration & Colonization Flashcards
What is Mercantillism?
an economic system where a country aims to become wealthy and powerful by exporting more than it imports.
What are the 3 reasons for European exploration?
God, Gold, and Glory
What was the first permanent English settlement?
Jamestown established in 1607 in Virginia
What was the Mayflower Compact?
a foundational agreement signed by the Pilgrims on the Mayflower in 1620, establishing a framework for self-governance
What were the 13 colonies?
Virginia, Massachusetts, New Hampshire, Rhode Island, Connecticut, New York, New Jersey, Pennsylvania, Delaware, Maryland, North Carolina, South Carolina, and Georgia
What were the 3 regions of the 13 colonies?
New England, Middle, and Southern
What is the economy of the middle region?
a diverse mix of agriculture, trade, and manufacturing, with fertile land supporting “breadbasket” crops
What is the difference between the economy of the Southern economy and the New England colonies?
The Southern colonial economy revolved around large-scale agriculture, particularly cash crops like tobacco, rice, and indigo, relying heavily on enslaved labor for production, while the New England colonies had a more diversified economy based on trade, shipbuilding, fishing, and subsistence farming.