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Econ 1740 Chapter 4-9 || very Flawless.
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During the colonial period, commodities that could only be exported legally to Britain were known as correct answers Enumerated goods New Englands imports came primarily from correct answers The United Kingdom New England's exports went primarily to correct answers The West Indies The ...

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  • August 16, 2024
  • 5
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • during the colonial period commodities that coul

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Econ 1740 Chapter 4-9 || very Flawless.
During the colonial period,
commodities that could only be
exported legally to Britain
were known as correct answers Enumerated goods

New Englands imports came primarily from correct answers The United Kingdom

New England's exports went primarily to correct answers The West Indies

The Southern Colonies' exports went primarily to correct answers The United Kingdom

In terms of exports from the colonies
_________ and ____________
were the top two trading partners correct answers The West Indies; The United Kingdom

Colonists owned the vast majority of the tonnage shipped between correct answers New England
and the West Indies

In terms of imports to the colonies,
_________ and _________
were the top two trading partners. correct answers The West Indies; the United Kingdom

Types of money used by colonists included all of the following except correct answers
government-issued fiat currency

A notable and Unique
feature of the colonial
monetary system was correct answers The use of a widely accepted paper currency

The annual colonial trade deficit
(which equaled 20K - 40K pounds sterling
in 1768-1772) was mostly financed by correct answers short-term credit from England.

The primary source of colonial productivity growth in agriculture was correct answers Learning
by doing

In the early decades of the 18th century,
English goods sold for as much as 80 to 140
percent more in the colonies than in England primarily due to correct answers high transportation
costs for goods
shipped from England to the colonies.

In the century prior to the Revolution __________
were a strategic factor in the overall

, economic advance of the colonies. correct answers advances in shipping

The largest productivity gains in colonial shipping were from correct answers decreased layover
times in ports

From 1680 to 1770 average ship speeds correct answers did not change appreciably

During the colonial period, the U.S. and
other countries relied on "privateers." Which describes privateers correct answers private citizens
who owned ships that attacked vessels
from other nations

The proliferation of the horse in the 17th century
caused Great Plains Indians to correct answers use smaller and more independent hunting groups

In the 1770s the quality of life in the colonies correct answers was better than the quality of life
in developing countries today

The colonists' per capita in come on
the eve of the Revolution was most
comnparable to the per capita income of correct answers Western Europe

Which of the following statements correctly characterizes
the distribution of colonial wealth correct answers Wealth inequality tended to be greatest
in colonial cities.

The Navigation Acts correct answers required all colonial trade to be carried on English vessels.

The "duplication laws," passed by Parliament in the
late 17th and 18th centuries restricted colonial export of correct answers Woolen goods

The piecemeal actions of Parliament to curtail the various colonial manufacturing activities
correct answers were largely taken to protect vested, well-lobbied interests.

Which on of the colonial groups actually benefited from the Navigation Acts? correct answers
New England shipbuilders

One of the most important reasons for Englands reasserting its authority over the colonial U.S.
prior to the Revolution is correct answers the end of the Seven Years War

The _________ was designed to raise revenue
and achieve mercantilist goals,
while the ___________ was simply intended to raise revenue correct answers Sugar Act: Stamp
Act

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