1. That’s Mine!! Give it Back!! ► Why do people have jobs? ► How would you feel if you got an after school job and your Mom took part of your paycheck? ► Sometimes it could be a small amount, other times it could be everything. ► Your mother’s response, “You are my child and you belong to me....therefore, everything that is yours is MINE!!” ► Is that very fair?

2. That’s Mine!! Give It Back!! ► The British colonist felt the same way as some of you did about their “Mother” country England. ► England was collecting raw materials and goods from the colonies under the same idea, “You colonies belong to England, therefore everything you have belongs to England!” ► This was called Mercantilism, and was the primary economic system set up in the colonies.

3. What is Mercantilism? Mercantilism- The British economic system in which colonies were forced to sell and provide cash crops and other resources to England at a low price. Effect on the 13 Colonies  The American colonists were forced to buy British manufactured goods at a high price while exporting expensive goods, and importing cheap goods. Effect on England  Mercantilism was meant to increase England’s wealth and power. More $ = More Power

4. Triangular Trading ► The system of Mercantilism led to the cycle of Triangular trading ► Triangular Trading cycle occurred in 3 steps: ► Step 1: The British Colonies sold cash crops and natural resources to England. ► Step 2: Factories in England would manufacture (produce) the cash crops into textiles (clothes), cigars, Rum and sell them to Africa. ► Step 3: In exchange for British manufactured goods; Africa provided slaves to the British colonies as agricultural labor. (Middle Passage)

5. The Middle Passage was the stage of the triangular trade in which millions of slaves from Africa were taken to the colonies to be bought and sold.

6. What is Slavery? ► A social-economic system under which a person (called "a slave") is forced to work for another person (sometimes called "the master" or "slave owner"). ► Slaves are held against their will from the time of their capture, purchase, or birth, and are deprived of the right of freedom or to receive pay in return for their work.

7. Why Slave Labor? Why not Paid Labor? Unfortunately, it all comes down to money Slave Labor Costs ► $1,000 per 1 slave ► $120 per year (food, clothing, medical) ► Over 25 years ($120 x 25 years) = $3,000 ► Total cost of owning 1 slave for 25 years?? $4,000 (1,000 per slave + $3,000 food, clothing etc.) $4,000 (1,000 per slave + $3,000 food, clothing etc.) Paid Labor Costs ► 1 worker ► $100 month ► $1,200 per year ($100 x 12 months) ► Total cost of employing paid labor for 25 years?? $30,000 ($1,200 x 25 years)

12. Slaves were allowed on deck in small groups for brief periods, where the crew would force the African captives to dance for exercise. A slave in poor health won’t sell.

13. Slaves that were too sick, old, or pregnant would be thrown overboard.

14. England’s political control of its American colonies England’s economic control of its American colonies England’s control of Europe American negative reaction to Mercantilism

15. Establish Colonies Colonies provide natural resources / raw materials to England at a low price Gain Goods England manufactures the materials into items for sale. Market British manufactured goods sold to colonies at a high price. Wealth England becomes rich with help from its colonies. Power England builds wealth to increase its military and political power in the world.

16. Tobacco, Sugar, Lumber, Grains, Metals Manufactured Goods, Cloth, Tools Gold, Weapons, Rum, Livestock African Slaves