Mercantilism Simulation Game. Review of Trade 3 tradeWhat were the 3 forms of trade? Navigation...

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Transcript of Mercantilism Simulation Game. Review of Trade 3 tradeWhat were the 3 forms of trade? Navigation...

MercantilismMercantilism Simulation GameSimulation Game

Review of TradeReview of Trade• What were the 33 forms

of tradetrade?

• What were the Navigation ActsNavigation Acts?

• What is mercantilismmercantilism?

• How did colonistscolonists trade with European nationsEuropean nations other than EnglandEngland?

MercantilismMercantilism Game Game• Toothpicks = Toothpicks = Gold BarsGold Bars

• BritainBritain: finished products: finished productsHershey’s (20)Hershey’s (20)–New EnglandNew England: fish & lumber: fish & lumber

• Whoopers (10), Butterfinger Whoopers (10), Butterfinger (10)(10)

–MiddleMiddle: wheat & : wheat & manufactured productsmanufactured products

• Crunch (10), Skittles(10)Crunch (10), Skittles(10)–SouthernSouthern: tobacco, rice, : tobacco, rice, indigo, & cottonindigo, & cotton

• Baby Ruth (10), Snickers (10), Baby Ruth (10), Snickers (10), Almond Joy (5), & Twix (5)Almond Joy (5), & Twix (5)

• SpainSpain: finished products: finished products–Kit-Kat (20)Kit-Kat (20)

• The NetherlandsThe Netherlands: finished : finished productsproducts–Starbursts (20)Starbursts (20)

Your TaskYour Task• Your goalgoal is to

acquire as much goldgold as possible by trading and trading and selling selling your your goodsgoods

Rules of TradesRules of Trades• ColoniesColonies ( (N.E., Middle, SouthernN.E., Middle, Southern) can only trade ) can only trade

with with Euro countriesEuro countries ((EnglandEngland, , SpainSpain, , NetherlandsNetherlands))

• Euro countriesEuro countries can only trade with can only trade with coloniescolonies– Countries cannot trade with each otherCountries cannot trade with each other

• 2 colonial 2 colonial raw materialsraw materials can be traded to Europe can be traded to Europe for for 1 1 finished productfinished product OROR can be sold for can be sold for 1 1 gold gold barbar

• 1 1 finished productfinished product can be traded to the can be traded to the ColoniesColonies for for 2 2 raw materialsraw materials OROR can be sold for can be sold for 2 2 gold barsgold bars

• AFTER TRADING--trade your products to the AFTER TRADING--trade your products to the ““BANKBANK” (Coach Bowers) for ” (Coach Bowers) for gold bars gold bars until the until the BANKBANK runs out of runs out of goldgold

Round 1Round 1• Begin tradingtrading for goldgold

• During Round 1, coloniescolonies can trade trade with ANYANY European country European country

• You have 55 minutes for tradingtrading

Who Won?Who Won?• Meet with your group. Count

the gold gold acquired by all members.

• Who won? A colonial region colonial region or European countryEuropean country? Why?

But Remember…But Remember…• The Navigation ActsNavigation Acts were passed by

Parliament to limit colonialcolonial trade with other European countriesEuropean countries.

• During Round 2:

– SpainSpain & The Netherlands The Netherlands must pay 1 gold

bar to EnglandEngland to trade with the coloniescolonies

– ColoniesColonies must pay 1 gold bar to EnglandEngland to

trade with SpainSpain & The NetherlandsThe Netherlands

Round 2Round 2• Rules from Round 1 apply

– coloniescolonies may only trade with EuropeEurope & visa versa& visa versa

• However, the Navigation ActsNavigation Acts are in place, so you must pay 1 1 gold bargold bar to EnglandEngland to trade with the coloniescolonies if you are SpanishSpanish or DutchDutch or to trade with the SpanishSpanish or DutchDutch if you are a colonistcolonist…– …only if only if EnglandEngland catches you…smugglers? catches you…smugglers?

• You have 33 minutes to tradetrade.

Follow-Up DiscussionFollow-Up Discussion•How did you feel about the How did you feel about the restrictionsrestrictions on on trade? trade?

•Why was Why was smugglingsmuggling used by the used by the colonistscolonists??

•Who was Who was mercantilismmercantilism designed to benefit? designed to benefit?

QuickWrite #4QuickWrite #4• Mercantilism is different Mercantilism is different

than free-enterprise than free-enterprise because…because…