1. Warm-up# 1 Why was Britain interested in establishing colonies?
According to mercantilism, how is a nation’s wealth determined?

2. Warm-up #1 Name the 3 colonial regions.
How many original colonies were there?

3. American Colonization

4. What's in it for the king?
Money and cheaper resources

5. Mercantilism
Mercantilism is the economic policy that measures a nation’s wealth based on its supply of gold and silver.
According to mercantilism, best way to increase profits is to decrease imports and increase exports.
Import: to receive goods
Export: to send goods
Colonies, therefore, provide a cheap source of raw materials to the mother country.
Now, the mother country can sell goods within their country.

6. Colonial Trade 3 routes Up and down the Atlantic coast
From the colonies to England across the Atlantic Ocean
Triangular Trade: linked the colonies to the Caribbean and Africa

9. Navigation Acts
Navigation Acts passed by Parliament to regulate colonial trade
certain raw materials could only be sent to England
In England, jobs were created for workers to turn the raw materials into finished goods.
Colonists believed the acts favored the manufacturers not the colonists. Also, they couldn’t make more $$ because they couldn’t sell to other nations.