Monday, October 13 th Objective: examine the impact of mercantilism on England and England’s colonies in North America. Drill #25: Define Economics in.

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Presentation transcript:

Monday, October 13 th Objective: examine the impact of mercantilism on England and England’s colonies in North America. Drill #25: Define Economics in your own words Define Economics in your own words The production, distribution, and use of good and services The production, distribution, and use of good and services Why does the definition of Economics not say anything about money? Why does the definition of Economics not say anything about money?

Objective: examine the impact of mercantilism on England and England’s colonies in North America. Economic activity happens all the time without money being involved. Economic wealth can occur with out the presence of money. Economic activity happens all the time without money being involved. Economic wealth can occur with out the presence of money.

Objective: examine the impact of mercantilism on England and England’s colonies in North America. Work with your group to complete Activity 1 on Colonial Economics Work with your group to complete Activity 1 on Colonial Economics

Activity 2 Activity 2 Import, Export, Raw materials, Finished products Import, Export, Raw materials, Finished products Objective: examine the impact of mercantilism on England and England’s colonies in North America.

Work with your group to complete Activity 3 Work with your group to complete Activity 3 Objective: examine the impact of mercantilism on England and England’s colonies in North America.

Work with your group to complete Activity 4 Work with your group to complete Activity 4 Objective: examine the impact of mercantilism on England and England’s colonies in North America.

Class Reflection Work independently to complete the worksheet “Mercantilism and Colonial Economics” Work independently to complete the worksheet “Mercantilism and Colonial Economics” Objective: examine the impact of mercantilism on England and England’s colonies in North America.

Homework “Mercantilism and Colonial Economics” “Mercantilism and Colonial Economics” Objective: examine the impact of mercantilism on England and England’s colonies in North America.