mercantilism and the triangular trade -...
Post on 02-Apr-2018
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Columbian Exchange
Goods from Americas to Europe, Africa, and Asia
Goods from Europe, Africa, and Asia to Americas
The impact of the Colombian Exchange:
European populations doubled as a result.90-95% of native population died in first
hundred years from disease.
Mercantilism and the Triangular Trade
The Triangular Trade
Molasses to Rum to Slaves•Sugar plantations in the Caribbean required a lot of labor, so slavery became common•Molasses is made from sugar and was sent to New England•Molasses is distilled into rum which is sent to Africa…•And traded for slaves needed to run the sugar plantations
MercantilismThe main goal of mercantilism
was to increase the money in a
country’s treasury. Each country
wanted resources from its
colonies to help make money by
converting those resources into
manufactured goods. Colonies
also offered a new market to sell
those goods.
England
Natural resources
Momma makes money off her babies:
England used the Navigation Acts to make her colonies trade with her.
Manufactured goods
Isn’t that simplifying things a bit??
Of course it is. Many other goods were traded. North America began to produce a wealth of resources:
•Timber•Tobacco•Rice•Indigo•Furs•Ships
•Pitch•Hemp (for ropes and sails)•Fish•Whale oil
So, only the Mother Country Got Rich??Nope! In the colonies, many began to see large profits:•Traders•Ship builders•Plantation owners
And, a successful middle class was emerging:•Farmers•Craftsmen•Merchants
But Life Wasn’t Good For Everyone…
Many fortunes were made at the expense of others, especially in the slave trade
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