5th grade · Social Studies · Unit 6 of 11
Colonial Trade & Work
Resources, trade and choices
What your child practices
Resources, specialization and trade in the colonies, mercantilism, and the Atlantic slave trade and its impact on African peoples, told plainly and age-appropriately.
California Content Standards learning standard: 5.4.5; 5.4.6 · how the British colonial period shaped the economy and the introduction of slavery into America
Sample questions
A taste of this unit. In the app, questions change every time and get easier or harder to match your child.
Question 1
What is barter?
- Paying taxes
- Borrowing money
- Saving coins in a bank
- Trading goods directly without money
Trading goods directly without money
Hint: A sack of corn for a pair of shoes.
Question 2
What is a merchant?
- A soldier
- A ship's anchor
- A person who buys and sells goods
- A judge
A person who buys and sells goods
Hint: Merchants run stores and trade.
Question 3
Increasing productivity means…
- Making more in the same amount of time
- Making nothing
- Paying more taxes
- Working longer for less
Making more in the same amount of time
Hint: Better tools and skills help.
Question 4
What is interest on a loan?
- A free gift
- A tax on land
- The first payment
- Extra money paid for borrowing
Extra money paid for borrowing
Hint: Lenders charge for the use of money.
Question 5
A ship used to carry goods is an example of…
- A want
- Human capital
- A natural resource
- Capital goods
Capital goods
Hint: Capital goods are tools made to produce other things.
Question 6
A colonist borrows $100 at 10% interest for one year. How much does she pay back?
- $200
- $90
- $110
- $100
$110
Hint: 10% of $100 is $10.