How was slavery in the Americas different from slavery in Africa? Bell Ringer How was slavery in the Americas different from slavery in Africa?
The Columbian Exchange 4.4
Colonization of the Americas Voluntary and forced migration of millions New societies Prompted exchange of new items Generated new wealth through new trade
The Columbian Exchange Ships from America: tomatoes, tobacco, cacao beans, turkeys corn, potatoes Became a part of diets around the world Improved health thus boosting population Ships to America: horses, cattle, sheep, pigs, bananas, grains, diseases
Global Trade Wealth from colonial empires prompted new trade Resulted in growth of capitalism Govt didn’t control wealth Individuals could obtain wealth and invest money Led to increase in nations’ treasuries Joint-stock company’s resulted in founding new colonies, such as Jamestown
Mercantilism Theory practiced between 16th-18th centuries A country’s power depends on its wealth Goal to make as much money as possible Obtain gold and silver Favorable balance of trade Selling more than buying