The Trans-Atlantic Economy

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Presentation transcript:

The Trans-Atlantic Economy 18th c. New World as a Battleground

18th c. Mercantilism Trade helps the nation Obtain gold & silver Bullion – Gold / Silver Finite Global Wealth Exports > Imports Obtain colonies

18th c. European Mercantile Empires French English Dutch Spanish Portuguese

Mercantilism: Mother Country & Colony

African Slave Trade Why Africans? Natives dead Cheap Labor Experience Health Unfamiliar land Race & Ethnicity differences Seasoning & Breaking The Middle Passage

African Slavery in Americas Triangular Trade Middle Passage Race – based Chattel Barbados Code 1600s Sugar Crop = $$$ Rice, Indigo, Tobacco

Sugar = $$$$ #1 Cash Crop of the Indies Sweetener Molasses Rum Labor + Machine Intensive Rich Man’s Crop

Essay Practice In what ways did 18th c. Mercantilism affect Europe, Africa and the Americas? Write a Thesis and Intro ¶ Think both short and long term