
Mercantilism
Presentation
•
Social Studies, History
•
9th - 12th Grade
•
Practice Problem
•
Easy
Heather Royal
Used 43+ times
FREE Resource
9 Slides • 2 Questions
1
Mercantilism
2
Know before we begin
Colony - a country or area of land under the political and economic control of another country
Mother Country - country in charge of the colony
Economic - making and spending of money and materials
Raw materials - natural resources used to make manufactured goods
Manufactured Goods - items that are built, mainly from natural resources
England = Britain = Great Britain
3
Mercantilism
Economic Theory
Sell more than you buy = high profit
Wealth = Power
4
Navigation Acts
England said the colonies could only trade with England and all materials had to be shipped on British ships
Was difficult to enforce Ignored by the colonists
Ignored by the colonists - they smuggled goods from other countries who sold items cheaper than England
5
Open Ended
Why was it difficult to enforce to Navigation Acts?
6
7
8
Creation of the Triangular Trade
Initial resources sent to England from the colonies did not provide large profits
They discovered that there was not gold as England had initially thought.
Discovered the Southern colonies has a climate and soil that would support the growth of crops that were in high demand in England
Those crops required a large labor force in order to grow enough to make a profit
9
Labor Sources - do not write
American Indians - were the first choice for labor. They were kidnapped and forced to work. However, they were able to use their knowledge of the landscape to escape
Indentured Servants - many in England wanted to move to the colonies for the opportunities provided, but couldn’t afford the trip. They would get their trip paid for by a plantation owner and would then work on their plantation for a preset number of years to pay off their debt
Slaves - both of those options were expensive so plantation owners turned to slave labor
10
Directions
1) Do not exit from the web browser
2) Open Google Classroom and open the EdPuzzle assignment Mercantilism and the Triangular Trade. Watch the video and answer the questions
3) If you have extra time complete any missing assignments you may have
4) Wait for Exit Ticket Directions
11
Open Ended
In your own words, define mercantilism
Mercantilism
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