Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
10 Cards in this Set
- Front
- Back
Mercantilism
|
A theory where a nation becomes strong by keeping strict control over it’s trade. Favorable balance of trade: export more than import
|
|
Export
|
Goods sent to markets outside of the country.
|
|
Import
|
Are goods brought into the country
|
|
Navigation Acts
|
Passed in the 1550s, they regulated trade between England and it’s colonies. Closed all foreign pots to Colonial merchants and goods could only be shipped on English or Colonial Ships. But, it increased the colonial shipbuilding and provided a steady market for colonial goods. Some negatives were the colonists saw it as an intrusion into their rights to free trade
|
|
Yankee
|
A nickname for merchants that implied they were clever and hard working.
|
|
Triangular Trade
|
The three legs of the route formed a triangle.
First leg- fish, lumber, other goods Second leg- rum, guns, gunpowder, cloth and tools Third leg- enslaved Africans |
|
Legislature
|
Legislature is a group of people who have power to make laws.
|
|
Glorious Revolution
|
Colonists won still more rights as a result of the Glorious Revelation of 1688
|
|
Bill of Rights
|
Is a written list of freedoms the government promises to protect.
|
|
English Bill of Rights
|
Protected the rights of individuals and gave anyone accused of a crime the right to a trial by jury.
|