Download Colonial Economic Activities: Industries and Agriculture and more Assignments Economics in PDF only on Docsity! Chapter 3 Colonial Economic Activities GENERAL QUESTIONS 1. All of the following were important colonial industries except: a. fishing and fish packing. b. production of ships’ stores. c. manufacturing of finished iron goods. d. shipbuilding. 2. Agricultural staples of the colonial South included a. rice. b. tobacco. c. indigo. d. all of the above. 3. Which was the least prominent crop grown in the colonial United States? a. tobacco b. sugar c. wheat d. rice 4. In what period did the greatest productivity advances in colonial tobacco production occur? a. 1492-1525 b. 1610-1630 c. 1680-1700 d. 1750-1775 5. What was not true about the New England colonial economy? a. It was the leading fishing industry in the colonies. b. It was a net importer of food. c. It was the leading colonial shipping industry in the colonies. d. It was the most productive area in terms of agriculture. 6. What was not true about the economy of the Middle Colonies? a. It was a net importer of food. b. The farms were generally smaller than those in the South. c. The crops did not have large economies of scale. d. Its main agricultural products were grains. 7. During the colonial period, which region specialized in grain production, primarily using family farms? a. the Middle colonies b. the Southern colonies c. the New England colonies d. Newfoundland 8. The only mineral that was available in any significant quantity in colonial America was a. gold. b. silver. c. iron. d. coal. 9. The colonial production of ________ had a high fixed cost because it required an initial heavy investment in capital. a. tobacco b. rice c. indigo d. cotton 10. The primary reason for the success of the colonial shipbuilding industry was a. the plentiful supply of skilled labor. b. low wages in the American shipbuilding industry. c. a plentiful supply of iron ore. d. the close proximity of raw materials, especially lumber. 11. The wealthiest occupational groups in North America included a. merchants in New England. b. merchants in the Middle colonies. c. large land-holding planters in the South. d. all of the above. 12. What was the most fundamental relationship among most Native American tribes, including the Iroquis? a. Mother-daughter. b. Husband-wife. c. Father-son. d. Chief-warrior. ECONOMIC INSIGHTS 1. What was not one of the original reasons for founding the colony of Georgia? a. to alleviate London of some of its poorer people
