PPT-Mercantilism

Policy to export more than you import Monarch A King or a queen Colony A group of people who settle in a new land but keep ties to their homeland Indentured Servant Person who agreed to work for someone else for 47 years in exchange for passage to the New World. Was it all bad?. (Get out your clickers! . Ch. 48). Our Goals (SWBAT):. Describe/Define basic economic concepts. Describe British Mercantilism. Analyze/Evaluate Impact of Mercantilism on British Colonies in North America. Monarch Middle Man . Colony Garrison. Indentured Servant Artisans. Slave Regulations. Trustee . Charter. Vocabulary. Mercantilism. Policy to export more than you import. Monarch. A King or a queen. Peter Zenger’s Trial. The English Parliamentary Tradition. In England 1215, English nobles forced King John to sign the Magna . Carta. The Magna . Carta. was significant because it was the first document to put restrictions on an English ruler’s power. U.S. History in a Global context. Part . I. TAHP Vanguard, September 13, 2014. Context. Images of Global Trade. What examples of international trade can you find?. Global Consumer Demand Shapes North America. Chapter 7. Essential Question?. Why did the American colonists rebel against Great Britain? . 7 Years War. British victory was very costly.. Parliament forced American colonists to pay the soldiers and other costs of war. . Champlain: The Father of New France. Economic Reasons For New France. France's main interest in North America was economic. As long as the fisheries were the most lucrative resources and after the failures of Cartier, France lost interest in N. . During the Age of Exploration, newly powerful kingdoms such as Spain, England, and France thought that there was only so much wealth and power in the world.. What is Mercantilism?. These kingdoms wanted to get as big a piece of the pie as possible.. Monarch Middle Man . Colony Garrison. Indentured Servant Artisans. Slave Regulations. Trustee . Charter. Vocabulary. Mercantilism. Policy to export more than you import. Monarch. A King or a queen. . Objectives: . Define and discuss the effects of: Mercantilism, the Crusades and the Black Plague. . Create a sequence of events of the following: The Crusades, Mercantilism and The Plaque. . Create a diagram/mental map to explain the cause and effect relationship between The Crusades, Mercantilism and The Plague. . Christopher Columbus. ?. Italian explorer sailing for Ferdinand & Isabella of Spain. Columbus wanted fame & fortune – he was to keep 10% of the riches he found along the way, received a noble title and governorship of any lands he encountered. . Questions…. Why do countries trade?. What do they gain? . Is international trade a win-lose competition or a win-win situation? Why?. If a competition, who wins? How?. What is a “balance of trade”? . Long Term Trends Bringing Tension Between England and the Colonies by the 1760s. Trends Bringing Tension. I. Increasing power of colonial legislature (5 colonies in particular: New York, Massachusetts, Pennsylvania, Virginia, S. Carolina).. Europe’s Economy. Nation. = basic economic unit. Nations competed for markets and trade goods. New business methods needed:. Investing money. Speeding flow of wealth. Reducing business risk. New Business Methods. th. centuries, England and many other European countries believed that power depended upon monetary wealth.. Principles of Mercantilism. the belief that the amount of wealth in the world was relatively static.