Trade (Edexcel GCSE History): Flashcards
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13 cards from this deck
Mercantilism
Mercantilism
British control of colonial trade to benefit Britain
British financial support to colonial businesses
British financial support to colonial businesses
Insurance services and loans
% of colonial goods sold outside British network
% of colonial goods sold outside British network
10 percent
1733 Molasses Act purpose
1733 Molasses Act purpose
Tax non-British molasses, boost British West Indies trade
Type of goods colonists exported
Type of goods colonists exported
Raw materials
Two central crops to colonial economy
Two central crops to colonial economy
Tobacco and rice
Chesapeake region colonies
Chesapeake region colonies
Virginia, Maryland, North Carolina
Tobacco's % of British American exports
Tobacco's % of British American exports
45 percent
Labour used for tobacco and rice cultivation
Labour used for tobacco and rice cultivation
Enslaved labour
Primary rice cultivation location
Primary rice cultivation location
South Carolina
Effect of profitable crops on land
Effect of profitable crops on land
Land became extremely expensive
Where poor colonists migrated
Where poor colonists migrated
Northward
Important colonial trading partner besides Britain
Important colonial trading partner besides Britain
West Indies