2. Warm-up Re: Period 1 (1491-1607): List at least one example of “contact”, “commerce” and “competing philosophies”

3. Three Worlds Collide and Triangular Trade How did the Old and New Worlds interact?

4. European Voyages of Discovery

5. Economic competition in the Americas Fur trade and fishing became a competition between France & England French primarily interested in fur trade, not colonization; established New France in Canada

6. Fur Trade

7. Rise of Mercantilism Joint-stock companies formed to help fund trips to the new world ◦ Joint-stock companies- companies where investors shared risks and profits Mercantilism resulted from trade and expanding royal power ◦ Mercantilism- a country’s power depends on wealth or profits Balance of trade- difference in exports & imports ◦ Favorable to have more exports than imports

8. The Slave Trade The Slave Trade was not new in Africa-the initial market was Asia; jobs as domestic servants Slavery existed to a much lesser degree in Europe The Slave trade changed after planting of sugarcane in South America and the West Indies Plantations- large agricultural estates; first in Brazil & the Caribbean Islands Great demand for slaves to work on plantations

9. Triangular Trade Triangular Trade marked emergence of a new world economy Triangular Trade- a system in which slaves, raw materials, and manufactured goods were traded between Africa, Europe and the American colonies ◦ Colonies provided the raw materials ◦ Africa provided the Slaves ◦ Europe provided the manufactured goods

10. Triangular Trade continued… Interactive Map

11. The Middle Passage The Middle Passage- journey of slaves from Africa to Americas aboard slave ships ◦ Ten million made the journey between 16 th & 19 th centuries ◦ High death rate due to harsh conditions, starvation and sometimes suicide/ human sorrow

13. Must have 5 Causes and 5 Effects