Commerce in the Colonies

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Presentation transcript:

Commerce in the Colonies

New England Colonies Merchant economy and Religion Most of the colonists were Puritans who came as families from England seeking religious freedom Large Scale Farming was difficult because of terrain and climate Subsistence Farming was sustainable small farms that grew enough food to eat, but not to sell for a large profit.

New England Colonies Merchant economy and Religion Many towns grew near communities of small farms with church at center of community Merchants and skilled laborers thrived in towns Economy based on fishing, shipbuilding, selling timber, and trade. Coastal towns like Boston, New Haven and Newport developed

Triangular Trade Settlers in Colonial America engaged in 3 types of trade Trade with other colonies Direct exchange of goods with Europe The Triangular Trade

Ships would leave the colonies with raw materials, rum and money from sale of manufactured good bound for England They would leave England and take money from sale of manufactured goods, rum, and iron to Africa to trade for slaves They would take remaining slaves, sugar and molasses to the Colonies Ships would bring Slaves from Africa to the West Indies

Navigation Acts - 1651 The Colonies had prospered from trade England wanted to ensure that it prospered as well Designed to protect English system of Mercantilism England had to ensure colonial trade was only with England or at least went through England.

Challenges to English Control England had trouble enforcing the Navigation Acts Merchants ignored them whenever they could Smuggling was very common England had particular difficulty preventing pirates from interfering with trade

Middle Colonies Growth of farms and cities in a climate of tolerance Known as “breadbasket colonies” because their climate and terrain was ideal for farming grain Mills to process grain grew up along the region’s many rivers Natural Harbors at the mouths of rivers lead to growth of port cities that prospered through trade New York City and Philadelphia

Middle Colonies Growth of farms and cities in a climate of tolerance England recruited people from all over Europe to come to the middle colonies most socially and ethnically diverse region. Many different ethnic groups lead to a culture of religious tolerance. Quakers believed in equality of all men and women, as well as nonviolence.

Southern Colonies Plantations and the growth of slavery Climate and terrain of the Southern Colonies was ideal for growing cash crops Plentiful rivers provided easy transport of cash crops for trade Lead to development of Plantation System and Planter class Few rich elite who control Politics and Economy in the south

Southern Colonies Plantations and the growth of slavery Plantation crops were labor intensive Tobacco, rice, cotton, indigo Planters originally used indentured servants, but later turned to African slavery Plantations were self-sufficient didn’t have to rely on stores and merchants for goods Lead to development of few large cities