Presentation on theme: " Prevailed during the 17 th and 18 th centuries.."— Presentation transcript:
Prevailed during the 17 th and 18 th centuries.
A nation’s wealth is measured by the amount of precious metals (bullionism) rather than by its productivity.
A favorable balance of trade- exports exceed imports- is made up of gold and silver.
Manufacturing for national defense. Products unique to the nation and valuable in trade- encourage through subsidies and tax credits.
Creation of a nation that is economically self-sufficient.
Spain and Portugal- 16 th and 17 th. Netherlands, France, England- 17 th and 18 th.
Europeans had been taking African slaves since the 14 th century, mainly for the rich. 17 th Century, the Church supported it. As Europeans settled, natives died of disease. The settlers needed greater manpower. By 1540, slaves per year imported
Obviously not, but how did they (particularly the British) accumulate this plethora of slaves?
15 million from Only about half who made it were productive. (many had died of smallpox, dysentery, or suicide)
Why was the slave trade so popular? In 17 th century, a European could purchase an African slave for $25. In America, that same slave would be worth $150. When the slave trade became illegal, prices soared.
Came from the West Indies. Philadelphia, Richmond, Charleston and New Orleans were major slave- trading cities.
Death rate amongst slaves was high. Women were expected reproducing at the age of 13, by 20, she was expected to have 4-5 children.
Slavery declined in Spanish America. Brazil and the West Indies, it increased due to the demand of _____________. During the 1 st 4 centuries, more slaves came to Americas than did free European settlers.
In English colonies, slaves converted to _____________ In French, Spanish, and Portuguese colonies, they converted to _________
Emancipation Proclamation 1863 British made selling of slaves illegal in Brazil made the selling of slaves illegal in 1888.