Mercantilism - Mrs. Nickels's U.S. History

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Transcript Mercantilism - Mrs. Nickels's U.S. History

Warm-Up
• List the 4 New England
Colonies
• List the 4 Middle Colonies
• List the 5 Southern Colonies
Umbrella Question- Mercantilism and
Triangle of Trade
Describe Mercantilism and the Triangle of
Trade. Then explain how they
influenced the colonization of the New
World.
Copy this Umbrella Question
into your binder under the class
work section
Mercantilism
write in the class work section of your binder
Timber
Tobacco
Fur
Machines
Tools
Furniture
Textiles
Navigation
Acts
Cotton
France
Import
Export
Free Enterprise
• Economic competition with little
government control
Mercantilism
Positives for the
Colonies
Negatives for the
Colonies
•Guaranteed partner •Only allowed to
in trade (buy and
trade with England
sell) with (England) •Might not get the
best price
•Might not be able
to buy the best
products
Cotton,
Tobacco,
Sugar,
Molasses
EuropeEngland
Manufactured
Goods
Example: Clothes,
Tools, Guns
North
America
West
Africa
Slaves
Balance of Trade
• Country could be self-sufficient
• Fewer imports than exports
• Navigation Acts
Roving Paragraph
• How did Mercantilism affect the British
colonies?
• Who did it benefit?
• Who did it hurt?
• Why did Britain have such a policy?