Mercantilism Flashcards

10620031673	Mother Country	In mercantilism, England was known as the "__________________" because it controlled the colonies	0
10620031674	13 Colonies	This is who produced all of the natural resources/raw materials	1
10620031675	England	This is who manufactured the raw materials	2
10620031676	Economics	How you make and spend money	3
10620031677	Mercantilism	Theory that a nation's economic strength came from protecting and increasing it's home economy by keeping strict control over it's colonial trade	4
10620031678	Money	England's main concern with the colonies was that it made them.....	5
10620031679	Raw Materials	This is what England wanted from the colonies	6
10620031680	Manufacture	England would _______________ the raw material into a finished product that they could sell	7
10620031681	Export	The colonies would __________________________ their natural resources from their colonial ports to England	8
10620031682	Import	The colonies would have to __________________ in the manufactured goods England sold to them	9
10620031683	Restricted	The colonists were __________________________ from manufacturing their own goods or trading with countries other than England	10
10620031684	Profit	Trading through a mercantilism system is set up in England's favor. They make more from selling their manufactured goods than what the raw material cost and are therefore making a __________________	11