Mercantilism Simulation Game

Slides:

Advertisements

Similar presentations

Colonial Mercantilism

Advertisements

Do NOW!!! After taking your seat, take out your binder and get ready to start working on your bellringer. After taking your seat, take out your binder.

Navigation Acts 1.No country could trade with the colonies unless the goods were shipped in either colonial or English ships 2.All vessels had to be manned.

Mercantilism Simulation Game

Mercantilism and Triangular Trade. Overview Mercantilism is an economic system practiced by European countries from around 1600 through the 1700’s. It.

Mercantilism Definition of Mercantilism Mercantilism is an economic theory stating that colonies exist to benefit the parent country.

Colonial Mercantilism A step towards the American Revolution.

European Competition A. Mercantilism –1. Dominant economic theory –2. Country’s strength = amount of gold & silver.

Mercantilism & The Triangular Trade. Mercantilism A nation’s economic strength came from protecting and increasing its home economy by making and keeping.

Economic Issues of the Colonies ’s England paid little attention to colonists “Salutary Neglect” - let the colonies develop without over regulation.

9/13/20151 List the three colonial regions and the colonies in each.region.

■Essential Question: –What was government like in the British North American colonies? –How did the trans-Atlantic trade influence the development of the.

Colonial Economies.

ENGLAND AND THE COLONIES PROSPER The 13 Colonies Develop.

Mercantilism Simulation Game

■Essential Question: –What was government like in the British North American colonies? –How did the trans-Atlantic trade influence the development of the.

The Road to Independence Politics and Economics SC History.

Economic system based on the belief that the country with the most gold and silver is the most powerful nation Mercantilism.

Governing the Colonies. England Regulates Trade Like other European nations at the time, England believed that colonies existed for the benefit of the.

Mercantilism & The Triangular Trade. Mercantilism Mercantilism- The process in which raw materials would be bought cheaply, refined and sold back to the.

Do Now How was geography a factor in the economic development of the colonies? Be Specific.

4.1 and 4.2 Notes The Growth of Trade. Growth of Trade  Navigation Acts o England’s main interest in the colonies: Economic Benefit  England depended.

Mercantilism was an economic system in which European nations such as England created colonies around the world to benefit their own economies through.

Mercantilism: is an economic policy. Wealth is power; key to wealth is export over import European countries competed for world power and needed colonies.

What are two basic human problems? £ Scarcity  Resources are limited in quantity; finite £ Want  Human desire is essentially limitless £ Economics 

Why do Countries want Colonies?

World History II European Growth, The Commercial Revolution and Mercantilism Lecture Notes: Unit 3 Lesson 5 Standard WHII.5e.

Mercantilism. Mercantilism The belief that a country’s economic strength depended upon getting more gold by exporting more than importing.

SWBAT: EVALUATE CONFLICTS AND PREDICT WHAT IS DEVELOPING IN THE COLONIES Imperial Systems.

Colonial Economics.

Mercantilism and Triangular Trade

Period Two: Briefly describe how The Enlightenment and The Great Awakening affected the world view of British colonial America and its relationship.

3.1: England and Its Colonies

What was government like in the British North American colonies?

European Competition A. Mercantilism 1. Dominant economic theory

Life in the British Colonies

Colonial Economy.

Why did molasses matter?

Compare and Contrast Jamestown and Plymouth

Middle Colonies and the Lower South

Colonial Government: English Economic Principles

English Trade Laws Colonial Trade The Middle Passage (Slave Trade)

Mercantilism and Triangular Trade

Mercantilism Simulation Game

Reminders: Unit: Causes of the American Revolution Focus Activity:

Today, we will Analyze the main idea of mercantilism using a map, a chart, and a 4 square graphic organizer.

What was government like in the British North American colonies?

The North American Colonies

Warm-Up Do NOT use your Book! From memory ONLY!

This document shows MERCANTILISM

Colonial American and the Slave Trade

Mr. Sandford AP American History

This document shows MERCANTILISM

My name is King George III & I’m bloody filthy rich!

Rules Mexico, Peru, and Cuba can only trade with Spain

Colonial Mercantilism

Unit 1.1/ History Alive Textbook Ch. 2,3,4 Flash Cards

Britain and Its Colonies

Warm-up# 1 Why was Britain interested in establishing colonies?

What was government like in the British North American colonies?

Mercantilism and the Glorious Revolution

Warm-Up Do NOT use your Book! From memory ONLY! Remember the song!

Warm-Up Do NOT use your Book! From memory ONLY! Remember the song!

Aim: 11/ 21/ 2016 How did the system of Mercantilism serve the interests of the Mother Country? Q New Unit: American Revolution.

Navigation acts.

Aim: How did climate and natural resources affect colonial economy?

England and the colonies prosper

Presentation transcript:

Mercantilism Simulation Game

Review of Trade What were the 3 forms of trade? What were the Navigation Acts? What is mercantilism? How did colonists trade with European nations other than England?

Mercantilism Game Toothpicks = Gold Bars Britain: finished products Hershey’s (20) New England: fish & lumber Whoppers (10), Butterfinger (10) Middle: wheat & manufactured products Crunch (10), Skittles(10) Southern: tobacco, rice, indigo, & cotton Baby Ruth (10), Snickers (10), Almond Joy (5), & Twix (5) Spain: finished products Kit-Kat (20) The Netherlands: finished products Starbursts (20)

Your Task Your goal is to acquire as much gold as possible by trading and selling your goods

Rules of Trades Colonies (N.E., Middle, Southern) can only trade with Euro countries (England, Spain, Netherlands) Euro countries can only trade with colonies Countries cannot trade with each other 2 colonial raw materials can be traded to Europe for 1 finished product OR can be sold for 1 gold bar 1 finished product can be traded to the Colonies for 2 raw materials OR can be sold for 2 gold bars AFTER TRADING--trade your products to the “BANK” (Coach Bowers) for gold bars until the BANK runs out of gold

Round 1 Begin trading for gold During Round 1, colonies can trade with ANY European country You have 5 minutes for trading

Who Won? Meet with your group. Count the gold acquired by all members. Who won? A colonial region or European country? Why?

But Remember… The Navigation Acts were passed by Parliament to limit colonial trade with other European countries. During Round 2: Spain & The Netherlands must pay 1 gold bar to England to trade with the colonies Colonies must pay 1 gold bar to England to trade with Spain & The Netherlands

Round 2 Rules from Round 1 apply colonies may only trade with Europe & visa versa However, the Navigation Acts are in place, so you must pay 1 gold bar to England to trade with the colonies if you are Spanish or Dutch or to trade with the Spanish or Dutch if you are a colonist… …only if England catches you…smugglers? You have 3 minutes to trade.

Follow-Up Discussion How did you feel about the restrictions on trade? Why was smuggling used by the colonists? Who was mercantilism designed to benefit?

QuickWrite Mercantilism is different than free-enterprise because…