+ Trade in the New World Columbian Exchange. + Warm Up for October 13 th, 2014 1. What were some advantages in using Africans as slaves instead of other.

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Presentation transcript:

+ Trade in the New World Columbian Exchange

+ Warm Up for October 13 th, What were some advantages in using Africans as slaves instead of other people? 2. What is the Triangular Trade? 3. Name one good that could be traded along each leg of the Triangular Trade Route.

+ Colonization has changed the World! With voluntary migration to the New World & involuntary movement of slaves to the area, there was also an exchange of new items!

+ Voluntary Exchange & Involuntary Exchange Voluntary Exchange: the act of buyers & sellers freely & willingly exchanging goods or services Involuntary Exchange: the process of buyers & sellers forcibly or unwillingly exchanging goods or services

+ Columbian Exchange Columbian Exchange: the global transfer of foods, plants, and animals during colonization of the Americas. This was both a positive and negative!

+ Columbian Exchange – Why is it significant?

+ From the Old World to the New PositivesNegatives Livestock (cows, pigs, donkeys, horses, & sheep) Bananas Wheat Diseases (Measles, Smallpox, Flu) Diseased Animals Rats Slavery From the New World to the Old PositivesNegatives Corn Potatoes Beans, fruits, etc. Sandfleas & chiggers

+ Europe’s Economic Policy During this time, Europe adopted the economic policy of Mercantilism. Mercantilism: an economic policy by which nations sought to become powerful & self-sufficient by gaining wealth. European countries did this by… 1. Obtaining lots of gold and silver 2. Establishing a favorable balance of trade: selling more goods than you buy.

+ Mercantilism

+ Exit Slip If it weren’t for the exchange of goods in the Columbian Exchange, how would your life be different today?