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26 Cards in this Set
- Front
- Back
Colonial
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of or relating to the original 13 colonies that formed the United States
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Native
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people already living in North America before any European colonists arrived
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Yankee
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person who lived in the north eastern American colonies
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peddler
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a traveling salesman who sold goods that the settlers could not make themselves
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cobbler
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a shoe maker
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merchandise
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things to be sold or for sale
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crafts
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occupations or trades that required artistic and specialized skill
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obedient
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to obey the authority that a person is under
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apprenticed
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to be bound to serve a skilled worker for a given period in order to learn his/her skill
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orphaned
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a child given up by his/her parents
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indentured
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to sell ones self to a merchant or ship captain for a given period of service in order to get passage to the New World
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mercantilism
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the idea that a nations exhistence depended on power and their power on wealth
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Trade Acts
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number of laws passed by Great Britain that denied the American colonies their previous trade rights with other countries
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colonists
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people who lived in the colonies
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molasses
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thick syrup that is a result of manufacturing sugar cane into sugar
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Cash Crop |
A crop that is grown for sale by the farmer rather than for personal use |
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Hogshead |
A large wooden barrel for holding tobacco |
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labor-intensive |
requiring many people working hard to perform a task |
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Barter |
The direct trading of goods and services without the use of money. |
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Consumers |
People whose wants are satisfied by consuming a good or a service. |
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Craftsperson |
A worker who completes all steps in the production of a good or service. |
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Demand |
A schedule of how much consumers are willing and able to buy at all possible prices during some time period. |
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Exports |
Goods or services produced in one nation but sold to buyers in another nation. |
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Imports |
Goods or services bought from sellers in another nation. |
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Income |
The payments made for the use of borrowed or loaned money. |
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Surplus |
The situation resulting when the quantity supplied exceeds the quantity demanded of a good or service, usually because the price is for some reason below the equilibrium price in the market. |