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An economic system based on colonial trade

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Presentation on theme: "An economic system based on colonial trade"— Presentation transcript:

1 An economic system based on colonial trade
Mercantilism An economic system based on colonial trade

2 Exporting more than you import
Exports: goods that are sent from your country to another to be sold Imports: goods brought into your country from another country

3 Navigational Acts Regulated trade between England and its colonies
The purpose was to make sure that only England benefited from colonial trade. Angered colonist because only English or colonial ships could carry products to and from the colonies

4 Triangular trade Trade route from New England colonies to West Africa to West Indies. The route formed a triangle

5

6 Goods traded New England Livestock Rum Guns Cloth Tools Lumber Fish
West Africa Slaves West Indies Sugar Molasses

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