1. Baltimore Polytechnic Institute September 13, 2012 A.P. U.S. History Mr. Green

2. Review of the Great Awakening and the EnlightenmentGreat Awakening and the Enlightenment

3. Explain possible strategies the United States can implement to increase revenues in order to pay down the national debt

4. Mercantilism A theory and an economic system Prevalent in the 15 th and 16 th centuries in Europe-after feudalism and before Smith A country’s wealth was measured by the amount of gold and (specie) it possessed Wealth in the 17 th and 18 th centuries equaled power In order to obtain wealth (gold & silver) a country must obtain colonies to provide it with wealth Mother country and colonies must become a self-sufficient unit that does not rely on imports from other countries or the colonies A favorable balance of trade with mother country and colony Colonies should not compete with the mother country, rather complement the mother country. If mother country is involved in manufacturing, the colonies should not be..

5. Small in relation to total colonial commerce Leave New England with rum to Gold Coast of Africa Trade rum for slaves then sail to the West Indies Trade slaves for molasses, then back to New England

6. Navigation Laws were only weakly enforced What were the Navigation Laws??

7. Students will identify the goals of mercantilism, burdens of mercantilism on the colonies, and the benefits of mercantilism to the colonies.

8. Analyze the exports/imports chart and answer the question

9. Students will read a quote and answer questions to assess the lesson

10. Read American Pageant Chapter 5 Read American Pageant pgs. 55-56, 68-74, 93-96, 127- 129-These are the sections concerning economics (mercantilism, triangular trade, salutary neglect)

11. Benefits and burdens of mercantilism