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Civics & Economic's Vocabulary
n/a
6
Economics
10th Grade
09/21/2008

Additional Economics Flashcards

 


 

Cards

Term

 

 

 

Mercantilism

Definition

 

Mercantilism was a theory of trade stressing that a nation’s economic strength depended on exporting more than it imported. British mercantilism manifested itself in triangular trade and in laws passed between the mid-1600s and the mid-1700s, such as the Navigation Acts (1651-1673), aimed at fostering British economic dominance.

Term

 

 

 

Mayflower Compact

 

 

Definition
The Mayflower Compact is often cited as the first example of self-government in the Americas. The Pilgrims, having arrived at a harbor far north of the land that was rightfully theirs, signed the Mayflower Compact to establish a “civil body politic” under the sovereignty of James I.
Term

 Intolerable Acts

Definition
Intolerable Acts, passed in 1774, were the combination of the four Coercive Acts, meant to punish the colonists after the 1773, Boston Tea Party and the unrelated Quebec Act. The Intolerable Acts were seen by American colonists as a blueprint for a British plan to deny the Americans representative government. They were the impetus for the convening of the First Continental Congress.
Term

Intolerable Acts

Definition
British laws meant to punish the colonists after the Tea Party which closed Boston Harbor and enforced the Quartering Act.
Term
Townshend Act
Definition
A tax on all imported goods from England including lead, paper, tea, paint, and glass. Created after the Stamp Act was repealed.
Term

Stamp Act

Definition
A law passed by Parliament that required colonists to pay a tax on printed documents, such as newspapers and books.
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