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12 Cards in this Set

  • Front
  • Back

Magna Carta

Said that even kings had to obey laws

Joint Stock Company

A group of investors who put money into a project in order to make a profit

Colonial Times

Began with the settlement of Jamestown in 1607

Charter

Written permission to start a colony

Import

Goods that one country buys from another country

Purpose for Colonies

To make money for England by expanding English trade and industry

Export

Goods that one country sells to another country

Interdependence

Countries dependent upon each other for trade

Mother Country

Country which has control over colonies

Great Britain

Was the mother country to the 13 original colonies

Colony

A community belonging to a distant country

Demand

The number of purchasers willing to buy goods at a certain price