Economics and Key Events of the Thirteen Colonies

This set of flashcards covers key economic activities, philosophies, significant events, and important legislation related to the Thirteen Colonies and their relationship with Great Britain prior to the American Revolution.

What were the main economic activities in the New England colonies?

Shipbuilding, shipping, fishing, lumber, rum, and meat products.

How did the Southern colonies economically differ from the Northern colonies?

The Southern colonies relied more heavily on cash crops like tobacco, rice, and indigo.

What is Mercantilism?

The economic belief that countries should accumulate wealth, primarily gold, through a favorable balance of trade by exporting more than they import.

What was the colonial system's primary purpose?

To make more money than European rivals through trade and resources.

How did the Enlightenment influence colonial thought?

It encouraged new ideas about individual rights and government control, emphasizing reason and natural rights.

What significant event did the Treaty of Paris mark in 1763?

The end of the French and Indian War, resulting in British territorial gains in North America.

What was Salutary Neglect?

A policy where England loosely enforced regulations in the colonies, allowing them some degree of autonomy as long as they continued to provide economic benefits to the mother country.

What was the result of the Boston Tea Party?

It led to the Intolerable Acts, which increased British control and restrictions over the American colonies.

What was the significance of the Battle of Saratoga?

It was a turning point in the Revolutionary War that convinced France to provide official support to the American cause.

What did Thomas Paine advocate in 'Common Sense'?

He argued that the colonies should seek independence from British rule to establish a government based on Enlightenment ideals.