© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.

Slides:



Advertisements
Similar presentations
MERCANTILISM n The swing of the Pendulum FROM the “heavenly” incentive of the ScholasticsFROM the “heavenly” incentive of the Scholastics TO the “mundane”
Advertisements

Features of the Economy in the Pre- Republican Period  Internal Factors The end of land acquisition after 16th century Long wars War booty was not used.
SOUTHERN COLONIES: Story with Quiz to follow. Virginia and other _________ colonies were settled by people seeking ________ opportunities. ___________.
P HYSIOCRATS AND M ERCANTILISM Ali Farrell Kyle Tornow Matt Steinman Alex Shepard.
European Exploration c. Explain reasons for European exploration and settlement of North America, with emphasis on the interests of the French, Spanish,
Mercantilism prevailed from 1500 to still alive today describes a set of common attitudes toward international trade - its benefits and costs also.
© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
British North America. English colonization of the “New World” Factors behind English colonization –Must play “catch up” to Spain & France –Motivated.
Unit 1 Power Point 1 Early European exploration and interactions.
Lee Anderson 2010 STANDARD VUS.2. Lee Anderson 2010 The student will describe how early European exploration and colonization resulted in cultural interactions.
Scarcity and Opportunity Costs CHAPTER 2 © 2016 CENGAGE LEARNING. ALL RIGHTS RESERVED. MAY NOT BE COPIED, SCANNED, OR DUPLICATED, IN WHOLE OR IN PART,
The British Empire Chapter 3. Key Questions/Ideas.
How We Came To Be. 1. What event led to an increased demand in Europe for goods produced in Asia? 2. Rumors of what precious metal in North America played.
Markets and Government CHAPTER 13 © 2016 CENGAGE LEARNING. ALL RIGHTS RESERVED. MAY NOT BE COPIED, SCANNED, OR DUPLICATED, IN WHOLE OR IN PART, EXCEPT.
AIM: Why did Europeans settle in America during the 1600s? Colonial America.
Colonization A colony is a piece of land away from a country that is owned by that country A colony is a piece of land away from a country that is owned.
World Trade Equilibrium CHAPTER 20 © 2016 CENGAGE LEARNING. ALL RIGHTS RESERVED. MAY NOT BE COPIED, SCANNED, OR DUPLICATED, IN WHOLE OR IN PART, EXCEPT.
Elasticity: Demand and Supply CHAPTER 6 © 2016 CENGAGE LEARNING. ALL RIGHTS RESERVED. MAY NOT BE COPIED, SCANNED, OR DUPLICATED, IN WHOLE OR IN PART, EXCEPT.
Ch 1 America: Discovey and Colinization. Magna Carta 1215 Also called the “Great Charter”- shaped future history by providing rights to English nobles.
The Major Players in North America: France had explored and claimed much of Northern North American as well as the interior along the Mississippi- financed.
› Production depends on agriculture and government revenues mainly came from agriculture › The end of land acquisition in the 17th century › Heavy foreign.
© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
Mercantilism and Early Classical Thought c c
© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
British Colonization SOL 2 & 3. Early European exploration and colonization resulted in the redistribution of the world's population as millions of people.
The Wealth of Nations : Ownership and Economic Freedom CHAPTER 1 © 2016 CENGAGE LEARNING. ALL RIGHTS RESERVED. MAY NOT BE COPIED, SCANNED, OR DUPLICATED,
© 2017 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
© 2017 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
© 2017 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
© 2017 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
© 2017 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license.
Comparing Jamestown and Plymouth 17th Century Settlements October 11,2011.
Colonization of North America Mr. Lucas US History.
INTERNATIONAL ECONOMICS, 15E Robert Carbaugh © 2015 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part,
Section 3: English Colonial Expansion
Standard 1 EOC Review 1. Most individuals settling in Virginia were
A Pattern for Southern English Colonies in America: LESSON 3
A Macroeconomic Theory of the Open Economy
Reasons for Colonization
Colonizing America SSUSH1: The student will describe European settlement in North America during the 17th century. a. Explain Virginia’s development:
Intro .1 Early Colonies AND SETTLEMENTS MR LANGHORST.
Colonization and Settlement
Standard 1 EOC Review 1. Most individuals settling in Virginia were
CATALYST: Brainstorm reasons why people would immigrate or move a great distance. Share answers with your partner.
UNIT 1- Independence THE BEGINNING OF THE ENGLISH COLONIES
The English Have Landed!
This led to the redistribution of the world’s population?
The Spanish Conquest and Columbian Exchange
Social Studies Chapter 3 : Lesson 2 & 3
Early Colonies Have Mixed Success Chapter 3, Section 1
Southern Colonies quiz.
The Southern Colonies in the 17th and 18th Centuries
EXPLORATION AND SETTLEMENT
Helton/Hurst U.S. History Chapter 3 Section 1
The Age of Exploration And Colonization
(write this on top of your note sheet)
US History-Exploration & Colonization
Production Possibilities Schedules
Open-Economy Macroeconomics: Basic Concepts
FIGURE 12-1 Output and Welfare Effects of International
Putting it All Together
The Colonies Come of Age
Monetary Aggregates: Measuring Money
Early Colonies Have Mixed Success
MERCANTILISM The swing of the Pendulum
Knights Charge 9/13 Take a Knights Charge from the bin as well as a blank map of the 13 colonies Please sit in your assigned seats.
Introduction to English Colonization
Warm-Up #1 Define the following: Breadbasket Colonies
Theme = European Imperialism
Presentation transcript:

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. Founding the Colonies

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 1)How and why was the English attempt at colonization in North America different from other countries and other colonies? 2)Which were the early colonies in North America? 3)What were the early reforms? 4)Why would someone immigrate to the New World? What were the economic arrangements that allowed for immigration? 5)Why were farms usually larger in the Southern colonies? 6)What were the major economic incentives that caused North America to develop differently than other colonies?

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. Factors of commercial growth in Europe: 1)Greater security of persons and property 2)Rapid increase in population

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use Victor Mirabeau coined phrase “mercantilism” Political economy of the era Philipp Wilhelm von Hornick published “mercantilist manifesto” in 1684: 1)Every inch of a country’s soil should be utilized for agriculture, mining, or manufacturing 2)All raw materials found in a country should be used in domestic manufacture, since finished goods have a higher value than raw materials

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 3)Encourage a large, working population 4)All export of gold and silver should be prohibited and all domestic money should be kept in circulation 5)All imports should be discouraged 6)Where certain imports are indispensible they should be obtained at first hand; that is, exchanged for other goods instead of gold and silver

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 7)As much as possible, imports should be confined to raw materials that can be finished at home 8)Opportunities should be constantly sought for selling a country’s surplus manufacturers to foreigners for gold and silver 9)No imports should be allowed for goods that can be sufficiently and suitably made at home

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. Why were the English so successful, given that they were “latecomers” to long-distance exploration? Primary reason- permanent colonization and settlement If permanent colonization was the goal, the major obstacle was to move people to the colonies Labor shortage would prove to be a persistent problem

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. First Englishmen to take serious ventures: Humphrey Gilbert & Walter Raleigh Gilbert died after two attempts Raleigh’s first attempt on Roanoke failed His second attempt with John White failed as the “lost colony” in 1590

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 1607: two new colonies Sagadahoc (Maine) Jamestown (Virginia)

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. Jamestown: people, 67 died in the first year new people people remained 1607 to ,000 immigrants, 4,000 died, life expectancy = 2 years Colonies were financial and human disasters

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. What was different about North America that made the English change their approach? 1)No gold or silver 2)No natives to trade with The result? Reliance on cash crops

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. Major reform was property rights Landholdings changed from common rights to private rights

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. Jamestown property rights changes: 1)Early settlers were given “planter shares” 2)Later settlers were given garden plots of their own 3)Management became more local See Boaz (2007) “Private Property Saved Jamestown”

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. For Mayflower details, please see 1)MayflowerHistory.com-Mayflower compact 2)Bradford-Of Plymouth Plantation

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. Indenture contract: Allowed a person to pay for their passage by selling their labor to someone for a specified future period of time See Galenson (1984) “The Rise and Fall of Indentured Servitude in the Americas: An Economic Analysis”

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. (continued)

© 2010 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.

Permanent settlements- early emphasis on farming Labor shortage- strong incentive to increase labor productivity, and freedom of labor market (indentured servants usually left first jobs)