Name: _______________________________ USVA History Chapter 3.1 Study Guide England and Its Colonies 1. The economic philosophy of ___________________________ involved the acquiring of more gold and silver than other nations, having a self-sufficient economy, maintaining a favorable balance of trade, and using colonies to benefit the economy of the mother country. 2. To maintain a favorable balance of trade, a nation had to __________________ more goods to other nations than __________________ goods from other nations. 3. Shipbuilding, fishing, lumbering, small-scale subsistence farming, and eventually manufacturing served as the basis of the economic activity in the _________________________________ region. 4. Shipbuilding, small-scale farming, and trading became the major economic activities in the ______________________ colonies. 5. Plantation farming based on cash crops, as well as small-scale subsistence farming served as the major economic activities of the _______________________ colonies. 6. The series of laws passed by the English Parliament that regulated colonial trade were collectively known as the ____________________________________. 7. _________________________________ served as the royal governor of the territory that included New England, New York, and New Jersey, collectively known as the _________________________________________. 8. The _______________________________ in 1688 resulted in William and Mary becoming co-monarchs of England, which resulted in the end of the Dominion of New England. 9. England’s lack of enforcement of its mercantilist policies, like the Navigation Acts, was part of a policy known as ____________________________, which allowed the colonies to develop a sense of independence and self-control.