Colony: a place that is settled by a group of people and governed by the country from which the people came.
Three ways that England hoped to acquire wealth from its colonies :
a. by getting natural resources.
b. by getting more money from taxes on the goods traded in the colonies.
c. by selling more of its own goods to its colonies.
Queen Elizabeth changed the rules for claiming colonies in the 1500s to a way which depended on a country's ability to have permanent colonies there.
