Question 1

The economy of the northern colonies,in particular New England,was largely based on

Accepted Answer

A)  small-scale farming. 
B)  slave trade. 
C)  cotton production. 
D)  all of the above. 
A)  small-scale farming. 
B)  slave trade. 
C)  cotton production. 
D)  all of the above. A

Question 2

The largest colony in 1770 in both population and claims on hinterlands was

Accepted Answer

A)  Massachusetts 
B)  Pennsylvania 
C)  Virginia 
D)  New York 
A)  Massachusetts 
B)  Pennsylvania 
C)  Virginia 
D)  New York C

Question 3

The largest percent of colonial trade (both exports and imports)was with

Accepted Answer

A)  the United Kingdom. 
B)  Southern Europe. 
C)  Africa. 
D)  the West Indies. 
A)  the United Kingdom. 
B)  Southern Europe. 
C)  Africa. 
D)  the West Indies. A

Question 4

The "police power" of government to control business

Accepted Answer

A)  was exercised during the colonial period but lapsed when the Constitution was written. 
B)  was exercised during the colonial period and carried over to the new nation; it still exists today. 
C)  was not widely exercised during the colonial period but assumed greater importance in the new nation. 
D)  was important in England but was never important in the Americas, either before or after the Revolution. 
A)  was exercised during the colonial period but lapsed when the Constitution was written. 
B)  was exercised during the colonial period and carried over to the new nation; it still exists today. 
C)  was not widely exercised during the colonial period but assumed greater importance in the new nation. 
D)  was important in England but was never important in the Americas, either before or after the Revolution.

Question 5

Using the data on the origins of the colonists,explain why many colonists favored modifying and utilizing many British institutions to structure various activities in Early America.

Accepted Answer

Many colonists favored modifying and uti

Question 6

Which one of the following economic activities was NOT generally undertaken in New England in the colonial period?

Accepted Answer

A)  Fishing 
B)  Farming 
C)  Tobacco production 
D)  Shipbuilding 
A)  Fishing 
B)  Farming 
C)  Tobacco production 
D)  Shipbuilding

Question 7

Describe some of the economic obstacles to colonial development.
What role did the British play in helping colonial America overcome these obstacles?

Accepted Answer

Some of the economic obstacles to coloni

Question 8

Explain why Eli Whitney's cotton gin,a technological advancement,perpetuated slavery in the South.

Accepted Answer

Eli Whitney's cotton gin, a technologica

Question 9

The majority of people living in colonial America in 1790 were of African origins.

Accepted Answer

A) True 
 B)False

Question 10

Private profits provided colonial producers with incentive to direct the use of their regional resources in those fashions that produced the highest yield in world markets.

Accepted Answer

A) True 
 B)False

Question 11

Consistent with the mercantilist theory,the colonies had

Accepted Answer

A)  a trade deficit with England. 
B)  a trade surplus with England. 
C)  a balance of trade with England. 
D)  about an equal number of annual trade deficits and surpluses over the years. 
A)  a trade deficit with England. 
B)  a trade surplus with England. 
C)  a balance of trade with England. 
D)  about an equal number of annual trade deficits and surpluses over the years.

Question 12

Regional specialization did not emerge in the colonies due to the small size of the cities and towns.

Accepted Answer

A) True 
 B)False

Question 13

In the New England colonies,

Accepted Answer

A)  long winters, short summers, heavily forested areas, and rocky terrain contributed to a lack of productive farmland; agriculture was a difficult, marginal activity. 
B)  the great majority of New Englanders engaged in some type of subsistence agricultural activity. 
C)  most New England farmers subsidized their farm income with some other type of income from another occupation to support themselves, save and invest. 
D)  all of the above are true. 
A)  long winters, short summers, heavily forested areas, and rocky terrain contributed to a lack of productive farmland; agriculture was a difficult, marginal activity. 
B)  the great majority of New Englanders engaged in some type of subsistence agricultural activity. 
C)  most New England farmers subsidized their farm income with some other type of income from another occupation to support themselves, save and invest. 
D)  all of the above are true.

Question 14

The colonial region with the smallest deficit with the United Kingdom between 1768-1772 was

Accepted Answer

A)  New England 
B)  the Middle Colonies 
C)  the Southern Colonies 
D)  the New England and Middle Colonies 
A)  New England 
B)  the Middle Colonies 
C)  the Southern Colonies 
D)  the New England and Middle Colonies

Question 15

New England possessed a comparative advantage in producing cotton.Producers in this region produced cotton at the lowest possible opportunity cost in colonial America.

Accepted Answer

A) True 
 B)False

Question 16

Using the concept of opportunity cost,explain why colonists who settled in New England chose to produce fish,farm,and lumber and provide maritime services over producing tobacco.

Accepted Answer

The concept of opportunity cost refers t

Question 17

The middle Atlantic colonies were more popular than New England as destinations for immigrants before 1770 because of their more liberal religious attitudes and the availability of land.

Accepted Answer

A) True 
 B)False

Question 18

Land inheritance in the Southern Colonies differed from inheritance in the Middle and New England Colonies in that

Accepted Answer

A)  the policy of primogeniture was followed in the South, which encouraged the formation of large land-holdings, whereas primogeniture was normally not followed outside the South. 
B)  primogeniture was actually followed throughout the colonies but the crops grown in the South, such as tobacco, required larger land-holdings to be profitable than those outside the South. 
C)  in the South, the large slave plantations had to be re-granted by the colonial government after the death of the owner, usually to the eldest son, but this was not required outside the South. 
D)  all of the above 
A)  the policy of primogeniture was followed in the South, which encouraged the formation of large land-holdings, whereas primogeniture was normally not followed outside the South. 
B)  primogeniture was actually followed throughout the colonies but the crops grown in the South, such as tobacco, required larger land-holdings to be profitable than those outside the South. 
C)  in the South, the large slave plantations had to be re-granted by the colonial government after the death of the owner, usually to the eldest son, but this was not required outside the South. 
D)  all of the above

Question 19

The direction of colonial trade produced great trade deficits with England,especially in the New England Colonies.Consequently,growth and development were stifled in colonial America.

Accepted Answer

A) True 
 B)False

Question 20

In England,a system of established markets,the market overt and fairs,had been established.The purpose was to

Accepted Answer

A)  provide an organized means for the exchange of produced goods or movable property such as livestock. 
B)  allow government officials to inspect the quality of the goods and regulate business activities. 
C)  provide for the legal transfer of title when chattel goods changed hands between buyers and sellers. 
D)  apply all of the above. 
A)  provide an organized means for the exchange of produced goods or movable property such as livestock. 
B)  allow government officials to inspect the quality of the goods and regulate business activities. 
C)  provide for the legal transfer of title when chattel goods changed hands between buyers and sellers. 
D)  apply all of the above.

Exam 2: Colonial Development

The economy of the northern colonies,in particular New England,was largely based on

The largest colony in 1770 in both population and claims on hinterlands was

The largest percent of colonial trade (both exports and imports)was with

The "police power" of government to control business

Using the data on the origins of the colonists,explain why many colonists favored modifying and utilizing many British institutions to structure various activities in Early America.

Which one of the following economic activities was NOT generally undertaken in New England in the colonial period?

Describe some of the economic obstacles to colonial development. What role did the British play in helping colonial America overcome these obstacles?

Explain why Eli Whitney's cotton gin,a technological advancement,perpetuated slavery in the South.

The majority of people living in colonial America in 1790 were of African origins.

Private profits provided colonial producers with incentive to direct the use of their regional resources in those fashions that produced the highest yield in world markets.

Consistent with the mercantilist theory,the colonies had

Regional specialization did not emerge in the colonies due to the small size of the cities and towns.

In the New England colonies,

The colonial region with the smallest deficit with the United Kingdom between 1768-1772 was

New England possessed a comparative advantage in producing cotton.Producers in this region produced cotton at the lowest possible opportunity cost in colonial America.

Using the concept of opportunity cost,explain why colonists who settled in New England chose to produce fish,farm,and lumber and provide maritime services over producing tobacco.

The middle Atlantic colonies were more popular than New England as destinations for immigrants before 1770 because of their more liberal religious attitudes and the availability of land.

Land inheritance in the Southern Colonies differed from inheritance in the Middle and New England Colonies in that

The direction of colonial trade produced great trade deficits with England,especially in the New England Colonies.Consequently,growth and development were stifled in colonial America.

In England,a system of established markets,the market overt and fairs,had been established.The purpose was to

Overseas Empire

America on the Eve of Revolution

Gaining Independence

Westward Expansion

Population and Labor Force

Law and the Rise of Classical American Capitalism

Transportation, Internal Improvements, and Urbanization

Agricultural Expansion: The Conflict of Two Systems on the Land

The Debate over Slavery

The Early Industrial Sector

The Financial System and the International Economy

Economic Effects of the Civil War

Railroads and Economic Development

Post-Civil War Agriculture

Population Growth and the Atlantic Migration

Industrialization, Entrepreneurship, and Urban Growth

Big Business and Government Intervention

Financial Developments 1863–1914

The Giant Economy and Its International Relations

Labor and the Law

The Command Economy Emerges: World War I

Normalcy”: 1919–1929

The Great Depression

The New Deal

The “Prosperity” of Wartime

Before the New Frontier: The Postwar Economy

Population, Health, and Labor

Postwar Industry and Agriculture

To the New Millennium and Beyond

Does Our Past Have a Future?

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