True/False Read each statement carefully. Identify whether it is true or false using the economic historian’s way of thinking. 1. European agricultural practices perfectly served the colonists farming in the New World. Answer: False 2. Although most slaves came to the colonies before 1776, the majority of other types of labor came to North America voluntarily. Answer: True 3. The children of indentured females were not the property of the master or owner of the indentured servant. This was an important difference between indentured servants and slaves. Answer: True 4. Indentured servants were white colonists who sold themselves into slavery when their farms in America failed. Answer: False 5. The British Crown was the only political, social, cultural and economic influence on the colonization of North America. Answer: False 6. Taxes impose a cost on letting land remain idle. Answer: True 7. Mercantilism followed feudalism. Unlike feudalism, mercantilism did not support any form of a strong central government or system of nation states.