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7 Cards in this Set
- Front
- Back
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Mercantilism
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Belief that colonies should benefit their home country.
signifigance: part of economic theory. |
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Exports
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goods sent to the market outside of the country.
significance: mercantalists thought they should export more than import. |
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imports
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goods brought into the country.
Example: live stock, lumber, flour, fish etc. |
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navigation acts
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regulated trade between England and it's colonies.
signifigance: passed on by parliment |
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Yankes
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merchants from new England.
Significance: nickname implied that they were smart and hardworking. |
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Triangle trade
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a 3 legged route.
significance: developed by colonial merchants. |
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English Bill of rights
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Gave anyone Accused of a crime the right to trial by jury.
significance: protected rights of individuals. |
