lesson 7: the colonial economy - nbbroncos.net
TRANSCRIPT
Lesson 7: The Colonial Economy
Unit 4: Colonial Life
Today you’re going to explore the economics of the colonies.
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5-U2.1.1: Describe significant developments in the southern colonies, including development of one-crop economies.
5-U2.3.4.: Describe the development of the emerging labor force in the colonies, including cash crop farming, slavery, indentured servants.
5-U2.1.2: Describe significant developments in the New England colonies, such as agricultural and non-agricultural.
5-U2.1.3: Describe significant developments in the Middle Colonies, like the breadbasket economy.
2
http://www.history.org/kids/visitUs/colonialPeople/apprentice.cfm
Http://www.history.org/Almanack/life/trades/tradehdr.cfm
5
which are used to produce
GOODS and
SERVICES
Every society has RESOURCES.
NATURAL
RESOURCES
CAPITAL
RESOURCESHUMAN
RESOURCES
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Economic
Activity
Natural
Resources
Human
Resources
Capital
Resources
Fishing in New
England
Wheat Farming
in the Middle
Colonies
Tobacco
Growing on a
Plantation in
Virginia
8
Economic
Activity
Natural
Resources
Human
Resources
Capital
Resources
Fishing in New
England
•fish
•water
•bait
•fisherman
•shipbuilders
•barrel makers
•boats
•nets
•barrels
Wheat Farming
in the Middle
Colonies
•good soil
•water
•seeds
•farmers
•millers
•blacksmith
•plows
•wagons
•sacks
•farm tools
Tobacco
Growing on a
Plantation in
Virginia
•good soil
•water
•seeds
•lots of land
•warm climate
•enslaved people
•plantation owners
•indentured
servants
•drying barns
•wagons
•farm tools
•tobacco cutters
9
Examples of
Specialization
Fishing in New England
Wheat Farming in the
Middle Colonies
Tobacco Growing on a
Plantation in Virginia 11
Mystery Source
Just Imported from LONDONAnd to be sold by
JOHN GREENHOW, at his Store near the Church inWilliamsburg
for ready money only
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white calico cloth
linens
blue cotton
handkerchiefs, blue
handkerchiefs, red
blankets of all sorts and sizes
wool cloaks
ready made shirts
fine men’s stockings, blue
fashionable men’s and boy’s hats
low priced hats
fine night caps
feathers for ladies hats
blue feathers
latest fashion aprons, plain
steel scissors
laces of all Kinds
shirt and waist coat buttons
a fancy assortment of paper boxes
baskets
smoothing irons
fine needles and pins
needle cases
silver thimbles
sugar, refined
cinnamon, cloves, and nutmegs
brown sugar candy
white sugar candy
fine chocolate
licorice
horn combs all sorts of wedding fans
candlesticks
brass desk furniture
candles
toys of various sorts
whistles for children
a variety of children's books
various other books and stationary
slates and pencils
paper of all sorts and sizes
playing cards
pencilssealing wax
brooms
most sorts of nails
files of all sorts and sizes
chisels
wire
pewter plates and dishesmugs
iron kettles
polishing powders
crates of earthenware
large, noble and rich Chinese bowls
coffee
oats
coarse salt in bags
sponges
glass bottles
bottle corks
soap
tools of almost every occupation
garden tools
window glass of all sizes
looking glasses of all sizes
14
Colonial Exports
Ne
w E
ng
lan
d C
olo
nie
sNew Hampshire
Cattle, lumber, fish, and fur
Rhode Island
Cattle, corn, lumber, and ships
Massachusetts
Fish, whale products, fur, timber products,
metals and metal products, raw wool, and ships
ConnecticutFlour, dried meat, fish, rum
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Colonial Exports
Mid
dle
C
olo
nie
sNew York
Fur, timber, foodstuff, cattle, horses, beer, fine
flour, flax, and iron bars
New Jersey
Cattle, flax, Indian com, wheat, and flour
Pennsylvania
Foodstuff, wheat, corn, apples, dairy cattle,
glass, wine, beer, rope, and bricks
Delaware
Furs, tobacco, meat, grain, flour, bread, barrel staves, lumber, horses, cloth, and iron
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Colonial Exports
So
uth
ern
Co
lon
ies
Maryland
Flax, corn, tobacco, fruit, vegetables, fish, iron, lumber, clay,
bricks, beaver, and ships
Virginia
Wheat, flax, tobacco, corn, and iron
North Carolina
Tobacco, wheat, corn, forest products (tar, pitch, lumber), barrel
staves, furs, metals, and for a time even exotic birds
South Carolina
Rice, indigo, beef, silkworms, cotton, lumber, some tobacco,
grapes, wine, olives, raisins, capers, and currents
Georgia
Rice, clay, pottery, cotton, indigo, tobacco, fruit, barrel staves, and pork
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• The colonies were supposed to supply raw materials for England and also provide a market for English goods.
• Like many European nations at the time, England believed that its colonies should benefit the home country. England hoped to grow wealthy by exporting manufactured goods to the colonies.
• This system actively discouraged the growth of American manufacturing.
Mercantilism
20
Year Act Possible Impact on the Colonies
1699 The Wool Act
Declared that wool produced in
the colonies could only be
exported to Britain
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Year Act Possible Impact on the Colonies
1699 The Wool Act
Declared that wool produced in
the colonies could only be
exported to Britain
The Colonies could not make money
by exporting wool to countries other
than Britain.
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Year Act Possible Impact on the Colonies
1699 The Wool Act
Declared that wool produced in
the colonies could only be
exported to Britain
The Colonies could not make money
by exporting wool to countries other
than Britain.
1732 The Hat Act
Declared that hats made in the
colonies could not be
exported.
Year Act Possible Impact on the Colonies
1699 The Wool Act
Declared that wool produced in
the colonies could only be
exported to Britain
The Colonies could not make money
by exporting wool to countries other
than Britain.
1732 The Hat Act
Declared that hats made in the
colonies could not be
exported.
The Colonies could not make money
by selling hats to other countries.
Year Act Possible Impact on the Colonies
1699 The Wool Act
Declared that wool produced in
the colonies could only be
exported to Britain
The Colonies could not make money
by exporting wool to countries other
than Britain.
1732 The Hat Act
Declared that hats made in the
colonies could not be
exported.
The Colonies could not make money
by selling hats to other countries.
1733The Molasses
Act
Put a high tax on all molasses,
rum and sugar which the
colonies imported from
countries other than Britain
Year Act Possible Impact on the Colonies
1699 The Wool Act
Declared that wool produced in
the colonies could only be
exported to Britain
The Colonies could not make money
by exporting wool to countries other
than Britain.
1732 The Hat Act
Declared that hats made in the
colonies could not be
exported.
The Colonies could not make money
by selling hats to other countries.
1733The Molasses
Act
Put a high tax on all molasses,
rum and sugar which the
colonies imported from
countries other than Britain
It would make it more expensive to
buy molasses, rum and sugar from
any place except Britain. This would
be a problem because the Colonies
traded areas of the West Indies for
these products.
Year Act Possible Impact on the Colonies
1699 The Wool Act
Declared that wool produced in
the colonies could only be
exported to Britain
The Colonies could not make money
by exporting wool to countries other
than Britain.
1732 The Hat Act
Declared that hats made in the
colonies could not be
exported.
The Colonies could not make money
by selling hats to other countries.
1733The Molasses
Act
Put a high tax on all molasses,
rum and sugar which the
colonies imported from
countries other than Britain
It would make it more expensive to
buy molasses, rum and sugar from
any place except Britain. This would
be a problem because the Colonies
traded areas of the West Indies for
these products.
1750 The Iron Act
Declared that no new furnaces
which produced steel for tools
could be built in the colonies. It
also banned the manufacture
of hardware in the colonies.
Year Act Possible Impact on the Colonies
1699 The Wool Act
Declared that wool produced in
the colonies could only be
exported to Britain
The Colonies could not make money
by exporting wool to countries other
than Britain.
1732 The Hat Act
Declared that hats made in the
colonies could not be
exported.
The Colonies could not make money
by selling hats to other countries.
1733The Molasses
Act
Put a high tax on all molasses,
rum and sugar which the
colonies imported from
countries other than Britain
It would make it more expensive to
buy molasses, rum and sugar from
any place except Britain. This would
be a problem because the Colonies
traded areas of the West Indies for
these products.
1750 The Iron Act
Declared that no new furnaces
which produced steel for tools
could be built in the colonies. It
also banned the manufacture
of hardware in the colonies.
This would seriously limit the ability of
the Colonies to make manufactured
goods.
Wh
at?
The Navigation Acts were a series of laws that regulated trade between
England and its colonies.
Under these laws, only colonial or English ships could carry goods to and
from the colonies.
The laws also listed certain products like tobacco and cotton that colonial
merchants could ship only to England.
Wh
o?
The Navigation Acts were passed by Parliament.
They affected a lot of people in the colonies, especially merchants.
Wh
en
?
Parliament began to pass these acts in the 1650s. This continued into the
1700s.
Wh
y?
England passed these laws to ensure that only England benefited from
colonial trade, not any other countries.
Navigation Acts