Justified Colonialism in North America? Colonies, Mercantilism, and Conflict

Great Big World Exploration of 16th and 17th century revealed the world was much bigger than expected Opportunities to make money$$$$$$$$$$ Started a race to claim land

The aggressive building of an empire Imperialism The aggressive building of an empire

All about the Benjamins The race for wealth was the driving force behind Imperialism Requires colonialism (One country populates and controls lands outside of its own boarders)

Market Economy An economy in which the prices of goods vary according to supply and demand Trade between countries benefits buyer and seller

Mercantilists Mercantilists Supported Imperialism! Supported a Fixed economy because setting prices of goods helped them make more money Trade was like war and only one side wins Having colonies allowed prices to be controlled throughout an empire Made money by increasing exports and limiting imports

By the 17th century all European nations worked to build colonies to create an empire to make themselves rich The sun never sets on the British Empire!

Spain and Portugal The first to establish trade and claim territories overseas Decided to divide up the world outside of Europe between them

Spanish Colonies By mid 18th Century (1750s) Spain had the largest empire in the Americas from South America all the way to what is now British Columbia

Controlling Land Claims Building permanent successful colonies was the only true way to establish territorial claims Spain was not effective in establishing colonies

Dutch West India Company Dutch West India Company was a trade company used to establish new settlements to aid trade and colonization established New Netherland along the Hudson River 1624

Dutch West India Company Dutch colonies were proprietary colonies Operated by companies licensed by the Dutch government. Established to make money$$$$$$ Major Interests Establish a fur trade like the French further North Fulfill its obligations to encourage and support Dutch Settlements

Thirteen Colonies Beginning of 18th century, three sets of colonies emerged at the Atlantic coast of North America which became known as the Thirteen Colonies developed around the Dutch colony Controlled by the British