Mercantilism and triangular trade - History at Zachry...

Post on 19-Jul-2020

3 views 0 download

Transcript of Mercantilism and triangular trade - History at Zachry...

Mercantilism and Triangular

Trade Trade

So What Is Mercantilism?

• A system of Government Controlled by Trade.

• This is not a system of free trade.

• This system is set up to benefit the Mother

country. country.

How Does Mercantilism Work?

• The Mother country ( England) required the

Colonies to send them raw materials.

• Mercantilist taught that the Colonists should

sell cash crops to the Mother Country ( sell cash crops to the Mother Country (

England) and buy more expensive finished

goods in return.

In Other Words!

Mother

Gold, Silver,

Lumber, Fur,

Foodstuffs

Low Prices $

COLONIESMother

Country

Manufactured

Goods

High Prices

Triangular Trade

Triangular Trade

• Due to some English laws, colonies could not

trade directly with other countries.

• Colonies began trading with whomever they

could this trade route became known as the could this trade route became known as the

Triangular trade route due to paths they used.

• The Colonies would trade for items such as

molasses and sugar. Slaves were also traded in

in the Triangular trade routes.

Navigation Acts

What Are The Navigation Acts

• Acts that required the Colonist to do most of

their trading with England.

• This Act also placed “Duties” on imports.

• England claimed that the Navigation Acts were • England claimed that the Navigation Acts were

good for the Colonies.

Columbian Exchange

What Is The Columbian Exchange

• One of the most significant events in World

History.

• This event was the exchange of plants,

animals, and diseases from the Eastern part of animals, and diseases from the Eastern part of

the world to the Western.

Columbian Exchange