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Mercantilism
Test Description: Review Mercantilism Terms
Instructions: Answer all questions to get your test result.
1) Manufactured goods are products that are made from raw materials.
A
False
B
True
2) An economic system where the mother country gains wealth by controlling colonial trading.
A
Triangular Trade
B
Salutary Neglect
C
Mercantilism
D
Navigation Act
3) The ________ were a set of laws to ensure that the colonists would do a bulk of their trading with England.
A
Triangular Trade
B
Colonial Acts
C
Navigation Acts
D
Salutary Neglect
4) England exported ____________ to the Colonies.
A
Manufactured Goods Raw Materials
B
Manufactured Goods
C
Raw Materials
D
Favorable Balance of Trade
5) England imported _________ from the Colonies.
A
Raw Materials
B
Manufactured Goods Raw Materials
C
Navigation Acts
D
Manufactured Goods
6) Ideally, the “Mother Country” wants to import more than they export.
A
False
B
True
7) The purpose of a colony is to make a profit for the Mother Colony.
A
False
B
True
8) Which of the following best describes the economic policy of salutary neglect?
A
England didn't give the colonies any power
B
England allowed the colonies to govern themselves
C
The colonies were mad that the British were not getting involved in their government
D
The British were mad that the colonies were not getting involved in British government
9) Products produced naturally are called _______
A
Things
B
Raw Materials
C
Manufactured Goods
D
Mercantilism
10) Products that are produced from raw materials are called
A
Things
B
Manufactured Goods
C
Material X
D
Raw Materials
*select an answer for all questions
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