Economy of the Colonies

Developed from the Columbian Exchange​

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Trading of goods from Europe to Africa to Americas​

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Triangular Trade

Middle Leg of the Triangular Trade

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Took enslaved Africans to the Americas to be sold

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Horrible Conditions​

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Slave Labor will fuel the Southern Colonies - plantations​

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Middle Passage​

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Mercantilism

​Power of a country comes from wealth

Build Wealth - export more than you import

Colonies are key - more resources to sell and gain money​

Colonies serve​ to make a profit for mother country

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Britain passes to try to regulate colonial trade - keep wealth in Britain!

​All Goods Must Be Transported on British Ships

All Goods Must Go Through British Harbors

Goods can ONLY be Exported to England​

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-Policy of leaving colonies alone as long as they provide Britain wealth

-Starts with the inability to enforce the Navigation Acts at all time ​

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Salutary Neglect