Question 1
Commerce in early colonial America relied in large part on
A. silver.
B. gold.
C. paper currency.
D. barter.
E. credit.
Question 2
Which statement about the economy of the northern colonies is true?
A. Conditions for farming were more favorable than in the southern colonies.
B. The economy was more diverse than in the southern colonies.
C. New England was able to develop several major export crops.
D. Agriculture was not the dominant industry of the economy.
E. Planters were more likely to rely on slave labor.
Question 3
The first significant metals industry in the colonies was developed for
A. silver.
B. steel.
C. iron.
D. gold.
E. brass.
Question 4
Industrialization in colonial America was hampered by
A. a small domestic market.
B. an inadequate labor supply.
C. All these answers are correct.
D. an inadequate transportation network.
E. English parliamentary regulations.