1. Colonial Economy

2. Triangular Trade

4. Number of Africans Arriving Percentage of Africans Shipped
African Slaves Imported to the Americas,
Destination
Number of Africans Arriving
Percentage of Africans Shipped
South America
Brazil
3,650,000
Dutch America
500,000
West Indies
British
1,660,000
French
Central America (Spanish)
1,500,000
North America (British)
Europe
175,000
Total
100%

5. SELL MORE (finished goods), BUY LESS (raw goods)
Mercantilism
Nation should get and keep as much gold and silver as possible (money=power)
English wanted to export more manufactured goods than raw materials they imported from colonies
Parent countries, like Great Britain, build empires with colonies to compete in the system of mercantilism, where you measure your country’s worth in gold and silver. To do this, the parent country makes money from the colony by buying its raw materials for very cheap, then selling them the finished products for very expensive.
SELL MORE (finished goods), BUY LESS (raw goods)

6. Navigation Acts
-The colonists were successful traders, but not all colonial goods ended up in British markets
British want full control
-The British do not want colonists trading with other nations, because it makes them lose profit
-Parliament tightens control over colonial trade by passing the Navigation Acts, strengthened by King Charles II in 1660
Could only trade with England using English ships
Could not build factories
-Kept money going only to England