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Social Studies 7. British Colonies  Mercantilism—economic system used by European nations to generate money Natural resources harvested in colonies 

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Presentation on theme: "Social Studies 7. British Colonies  Mercantilism—economic system used by European nations to generate money Natural resources harvested in colonies "— Presentation transcript:

1 Social Studies 7

2 British Colonies  Mercantilism—economic system used by European nations to generate money Natural resources harvested in colonies  manufactured goods  foreign markets, colonists  $$$ Money was earned and saved in this system—empires would not have to pay for these raw materials (savings), and they could make large sums of money by selling them (earnings)

3 British Colonies  Consider perspectives that different groups might have had on the Mercantile system First Nations North American colonists King English Merchants

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6 British Colonies  Like the French, the British recognized the benefits for establishing colonies in Atlantic North America. They were motivated by: Economics—$$$ to be made Competition—with other European nations Quality of Life—poor living conditions in many British cities Religious freedom—many different branches of Christianity in Britain as opposed to France; many of different faith were punished/treated unfairly

7 British Colonies  King James I of England grants rights to establish colonies to private groups/individuals—saves the empire’s money, allows private investors to take most of the risk (and the gain)  Think Critically: How was this different from the way the French colonized North America?

8 British Colonies


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