colony

植民地　—　People & places

Land abroad that a mother country ruled and worked.

Copper Axe14th–15th century Wampum (belt of shell beads)17th century (the age of trade money) Pennsylvania note printed by Franklin18 June 1764 (as printed)

⚠ The mother country is often reluctant to allow its colonies to produce their own coinage. In colonies where currency was scarce, foreign silver coins and commodities such as tobacco and furs served as substitutes for money.