Colonies, Trade, and isms

Plantation colonies had lots of slaves and sold cash crops. Cash crops are crops that you can sell for good money because they are in big quantities.

Plantation

Settler

Trading posts

Settler colonies were your villages and towns. They contained people.

Trading posts were used for trading in which they wanted to import more than they export.

The Importance

The colonies were important because they traded raw goods with their mother country and made it stronger.

The balance of trade

The balance of trade meant they exported more than they import.

Mercantilism

Capitalism

Where the people control the trade not the country.

Where trade generates wealth.