Triangular Trade
Africa
The Americas
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Europe
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Transatlantic Slave Trade
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Mercantilism
Definition: An economic system (Europe in 18th century) to increase a nation's wealth by
government regulation of all of the nation's commercial interests
wordnetweb.princeton.edu/perl/webwn
Concepts:
What are raw materials?
What are finished goods?
What are tariffs?
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Colonies provide raw materials and are not allowed to
mass produce finished goods
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Raw materials are shipped from the colonies to the
mother country.
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Raw materials are processed into finished goods.
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Finished good are shipped back to the colonies with a
tariff added to the price.
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Colonists pay for the finished goods at a higher price.
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Mercantilism
Defend: Take the side as a manufacturer or as a provider of cotton on whether or not
mercantilism is a fair practice.
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