Mercantilism and the Navigation Acts Impact on Colonial Economy

Mercantilism and the Navigation Acts Impact on Colonial Economy

Assessment

Interactive Video

History, Social Studies, Business

6th - 8th Grade

Hard

Created by

Patricia Brown

FREE Resource

The video lesson by Mr. Hoven covers Mercantilism and the Navigation Acts. It begins with a recap of the French and Indian War, explaining the British debt incurred. The lesson then defines import and export, followed by an in-depth look at Mercantilism, where colonies exist for the mother country's profit. The system involves sending raw materials to Britain, which returns manufactured goods, heavily taxed. The Navigation Acts enforced British trade control, restricting colonies to British ships and goods. This led to colonial resentment, contributing to the Revolutionary War.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the main financial consequences for Great Britain after the French and Indian War?

They had to pay reparations to France.

They gained significant wealth from new territories.

They incurred a large amount of debt.

They lost all their colonies.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does it mean to import goods?

To send goods to another country.

To bring goods into a country.

To produce goods locally.

To sell goods at a local market.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary goal of Mercantilism?

To promote free trade among nations.

To make the mother country wealthy.

To reduce taxes on colonies.

To ensure colonies become independent.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Under Mercantilism, what role do colonies play?

They are centers for manufacturing finished goods.

They are sources of raw materials for the mother country.

They are free to trade with any country.

They are independent economic entities.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Great Britain benefit from the Mercantilism system?

By reducing taxes on imported goods.

By allowing colonies to trade freely.

By exporting more than it imported.

By importing more than it exported.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What restriction did the Navigation Acts impose on the colonies?

Colonies could only use British ships for trade.

Colonies could trade freely with any nation.

Colonies could only produce finished goods.

Colonies could not trade with Great Britain.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was a major consequence of the Navigation Acts for the colonies?

Increased independence from Great Britain.

Improved relations with other European countries.

Resentment and a sense of exploitation.

Greater economic prosperity.

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