HOMEWORK #1 The Colonies Pgs.20-24

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HOMEWORK #1 The Colonies Pgs.20-24 DUE THURSDAY 8/17

Pages 20 -24 1. Which economic theory encouraged exploration? 2. What did mercantilists believe the best way to increase gold and silver supplies was?

3. Which European country was the first to get rich from having colonies in the Americas? 4. Where do investors receive their capital from?

5. How does the bank make money in the capitalism model? 6. How is a charter related to a colony? 7. Which company received the charter from King James in 1606?

8. What was the first elected assembly in the Jamestown settlement called? 9. What did the settlers aboard the Mayflower create as their set of rules? 10.What were the Pilgrims seeking in North America?