Why is trade a good thing?. Bob and Joe on a desert island.

Slides:



Advertisements
Similar presentations
WEALTH IN COLONIAL SOUTH CAROLINA I. Geographic Factors that led to South Carolina’s Prosperity Abundance of DEER - made the fur trade possible PINE.
Advertisements

NEW PATTERNS OF TRADE. 1. The Columbian Exchange a. pgs b. Columbian Exchange is the name historians give this period of time. It is the exchanging.
CE-Notes 3-4.
Colonial Mercantilism
South Carolina’s Natural, Human, and Political Resources Standard Indicator 8-1.5: Students will be able to explain how South Carolinians used their natural,
Triangle Trade and Slavery
Triangular Trade and the Navigation Acts Pg
Notes: Mercantilism & Colonial America
Mercantilism and Triangular Trade. Overview Mercantilism is an economic system practiced by European countries from around 1600 through the 1700’s. It.
Mercantilism The European World. What is Mercantilism? / the theory that a country’s power depended mainly on its wealth to build strong navies and purchase.
Mercantilism Definition of Mercantilism Mercantilism is an economic theory stating that colonies exist to benefit the parent country.
Colonial Mercantilism A step towards the American Revolution.
Topic: How did economic factors contribute to Colonial Discontent in the Pre-Revolutionary Era ( )?
Money is Power, and Power is Everything
Colonial Economies.
Colonial Regions Boring run of the mill stuff, in a boring run of the mill powerpoint.
What region was known for its whalers?. New England.
exchange of people, plants, animals, technology and ideas that would change the lives of people in Europe, the Americas and Africa.
Mercantilism The sole (main) purpose of the colony is to provide raw materials for the mother country Colonies work for the mother country The colony.
The American Colonies.  Would you willingly leave your home to start a new life if the government did not respect your basic rights? Explain why.
Standard 8-1.5: Explain how South Carolinians used their natural, human, and political resources uniquely to gain economic prosperity, including settlement.
That’s Mine!! Give it Back!! ► Why do people have jobs? ► How would you feel if you got an after school job and your Mom took part of your paycheck? ►
1.) Mercantilism- Increase the money in a country’s treasury by creating a balance of trade 2.) Commerce- Exchange of goods and services from production.
Mercantilism & The Triangular Trade. Mercantilism Mercantilism- The process in which raw materials would be bought cheaply, refined and sold back to the.
Why is trade a good thing?. Bob and Joe on a desert island.
Do Now: Define the following terms Word Definition Import Export Goods
Definition: A pattern of shipping or trade in the shape of a triangle between England, the Colonies, and Africa for trading raw materials, manufactured.
Triangular Trade and the Navigation Acts. Triangular Trade Settlers in Colonial America engaged in 3 types of trade –Trade with other colonies –Direct.
Reasons England Established Colonies in America. What do these images have in common?
What are two basic human problems? £ Scarcity  Resources are limited in quantity; finite £ Want  Human desire is essentially limitless £ Economics 
Asia had many different religions but did not have Christianity They sent missionaries to spread Christianity with explorers and traders.
Why do Countries want Colonies?
Mercantilism. Mercantilism The belief that a country’s economic strength depended upon getting more gold by exporting more than importing.
SC Economy.
8-1.4 & Vocab. Quiz Review.
Question of the Day What are the natural geographical resources of SC?
Colonial Economy.
Standard 1 EOC Review 1. Most individuals settling in Virginia were
Standard 1 EOC Review 1. Most individuals settling in Virginia were
CATALYST: Brainstorm reasons why people would immigrate or move a great distance. Share answers with your partner.
Prelude to a Revolution
AP Curriculum Guide I. Britain’s desire to maintain a viable North American empire in the face of growing internal challenges and external competition.
AP Curriculum Guide I. Britain’s desire to maintain a viable North American empire in the face of growing internal challenges and external competition.
8-1.5 Explain how South Carolina used their natural, human, and political resource uniquely to gain economic prosperity, including settlement by trade.
The Trans-Atlantic Economy
Background Causes of the
New England Colonies- the people Puritan congregations moved over to create a religious society ENGLISH NO RELIGIOUS FREEDOM.
Triangular Trade and Mercantilism
English Trade Laws Colonial Trade The Middle Passage (Slave Trade)
Mercantilism and Triangular Trade
Essential Question: Why would a country want colonies?
English Trade Laws Colonial Trade The Middle Passage (Slave Trade)
Warm-Up Do NOT use your Book! From memory ONLY!
This document shows MERCANTILISM
Test Question for Tomorrow
Unit 1: Exploration/Colonization
Term # Term.
Unit 5: Regional Civilizations
This document shows MERCANTILISM
My name is King George III & I’m bloody filthy rich!
Colonial Economy Ms. Baquedano.
Colonial Mercantilism
Run of the mill stuff, in a Run of the mill PowerPoint.
Ginger purchase price per pound $100 $30 $20 $10 $90 $60 $85 $5
Warm-Up Do NOT use your Book! From memory ONLY! Remember the song!
Warm-Up Do NOT use your Book! From memory ONLY! Remember the song!
MERCANTILISM & THE TRIANGULAR TRADE
Navigation acts.
SC Economy
Presentation transcript:

Why is trade a good thing?

Bob and Joe on a desert island

"Let us think of education as the means of developing our greatest abilities, because in each of us there is a private hope and dream which, fulfilled, can be translated into benefit for everyone and greater strength for our nation." - John F. Kennedy

A) Northwest Passage B) Southern Passage C) Middle Passage D) Southeast Passage

A) Black Codes B) Slave Codes C) Jim Crow Laws D) Ole Jemmy Codes

SWBAT explain Mercantilism

The Mother country (England) controls trade in order to export more than it imports Mother country gains more money SC source of raw materials and a market for manufactured good Lessened England’s dependency on foreign trade

England offered subsidies for indigo Rice and indigo could only be sold to England (but did not enforce this for rice) SC had a wider market for rice—thus raising the price SC planters had a secure market for these cash crops

Route One—African slaves are transported to the Americas to be sold as slaves Route Two—The Americas are sending raw materials (cash crops) to Europe so Europe can turn them into manufactured goods (textiles, furniture, etc.) Route Three—Europe sends manufactured good to Africa and the Americas to make money

Mercantilism DefinitionPicture ExamplesHelpful Non-examples

You have in front of you multiple scenarios about the Triangle Trade and Mercantilism. You need to answer the questions silently and independently.