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Mercantilism

Published on Nov 19, 2015

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PRESENTATION OUTLINE

1.

MERCANTILISM PROJECT

BY KARLIE DER
Photo by Patrick Hoesly
2.

MERCANTILISM

  • European economic theory and system that actively supported the establishment of
  • colonies that would supply materials and markets and relieve home nations of dependence on other nations.
  • In other words, the production of the colonies would supply materials that could support
  • the falling economy of home countries in Europe.
3.

WHAT BARRIERS DID COLONISTS FACE WITH MERCANTILISM?

COLONISTS FACED STRICT SALES OF MATERIALS BUT FOR A LOW PAYMENT.
Photo by Gueоrgui
4.

WHAT WERE SOME BARRIERS COLONISTS FACED WITH MERCANTILISM?

  • Due to the fact that Europe was basically owning the colonies for their
  • materials, products from Europe costed a lot compared to the low priced
  • materials coming from America. Europe also showed power by enforcing
  • acts such as the Stamp Act which said that every legal document including
  • newspapers, documents and others had to have a stamp, stamps costed money
5.

HOW DID MERCANTILISM AFFECT COLONISTS?

  • It made them poor by taking their money through taxes and low pay jobs.
  • It also made colonists angry due to the lack of money.
  • Colonists started to boycott highly priced items and merchants started to
  • Smuggle items to America.
Photo by The National Guard
6.

HOW DID MERCANTILISM BENEFIT EUROPE?

  • It reduced the high prices of rare goods.
  • It provided raw materials needed to make goods in high demand.
  • It brought many people to America and made more room in Europe.
Photo by Olof S
7.

MIDDLE PASSAGE

  • The middle passage was the journey slaves endured on their way to America.
  • The middle passage was unsanitary and crowded, while on this journey,
  • slaves had no room and a lot of the time couldn't stand up.
  • Slaves were fed two times of day on this passage, their food was mainly rice
  • And they got water at this time.
Photo by brizzle born and bred
8.

TRIANGLE TRADE

9.

EUROPE

  • Manufactured goods, coffee
  • Guns, cloth, machines, furniture
  • Iron, beer, hardware, fabric, ammo
  • Shipped to The colonies and Africa
Photo by www.guigo.eu
10.

AMERICA

  • Textiles, tobacco, oil, lumber, rum, fur
  • Indigo, rice, tar, dried fish, cotton, sugar
  • Shipped to England and sometimes Africa
Photo by Norman B. Leventhal Map Center at the BPL
11.

AFRICA

  • Gold, spices, slaves, ivory and hardwood
  • Shipped to The colonies, the West Indies and England
Photo by Wilfraco
12.

WEST INDIES

  • Sugar, molasses, and rum
  • Shipped to Africa, England and The colonies.
  • Many slaves were shipped here so more sugar could be produced.
Photo by Norman B. Leventhal Map Center at the BPL
13.

COUNTRIES AND WHERE THE EXPORT TO

(ALSO COLONIES)
14.

CITATIONS

Karlie Der