Economic and African Contributions

What is mercantilism?

• A system where a mother countries gains money and power from natural resources that come from its colonies.

• where colonies trade gold and silver with each other.

• Wars that start over money.

• Plantation colonies trading slaves for money.

True or False? Great Britain wanted to create wealth by importing more goods than it exported.

• True

• False

EXPORTS of the 13 colonies included:

• Manufactured goods

• Raw Materials

• Slaves

• Gold

The impact of mercantilism was that

• The rate of slavery in the Americas went down

• Trade was limited in the Atlantic

• The Colony grew wealthy

• The Mother Country grew wealthy

Based on the political cartoon, how does mercantilism benefit the mother country?

• The mother country always has something to eat.
• The mother country can get rich from the colonies.
• The colonies provide everything to the mother country.

Navigation Acts

• A person or company who sells goods/products (merchandise)

• In: goods coming into a country

• Exit: goods going out of a country (selling)

• The specific laws passed by England to control the trade

Parliament passed these trade laws between 1650 and 1696 that required the English colonies to trade items like sugar only with Great Britain.

• Mercantilism
• Toleration Acts
• Navigation Acts
• English Bill of rights

Triangular Trade in the 17th and 18th Centuries succeeded in

• preventing the transatlantic slave trade.

• introducing new cultures into the Americas.

• propagating new plant species in America and Europe.

• spreading the Industrial Revolution throughout the world

The "Middle Passage" referred to

• the creation of the Panama Canal in Central America.

• the transportation of slaves from Africa to the New World.

• Lewis and Clark's expedition into the Louisiana Territory

• the best route over the Rocky Mountains to get to California.

· sea voyage of a month or more

· between Africa and the Americas

· approximately 12 million people made the journey

· a death rate of approximately 25% during the journe

• Triangular Trade.

• Mercantilist theory.

• the Middle Passage

• the Columbian Exchange.