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Mercantilism

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Page 1: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Mercantilism

Page 2: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

What you need to know

• Mercantilism• Navigation Acts• Loss of Massachusetts Charter /

transition to royal colony• Triangular trade & Middle Passage• Growth of African American population in

the south• How African Americans held on to their

culture

Page 3: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Mercantilism

• Main economic theory of the time

• 2 goals:• Main goal of a country is self-sufficiency• Need to get as much gold & silver as

possible

Page 4: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Mercantilism

• Focus mainly on balance of trade• Are exports higher than imports?• If they are, you’re getting more gold from

other countries than you’re spending

Page 5: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Mercantilism

• Strategy:• Colonies are for raw materials• Home country creates manufactured goods• Home country sells finished goods

around the world (inc. to colonies)

Page 6: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Mercantilism

• American colonies had been doing business w/other countries

• More customers = more money

• Angered British

Page 7: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Navigation Acts—1651

• Prohibited colonies from selling goods to anyone but British• Sent in British ships w/ British crews• Sent into British ports

Page 8: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Reaction to Navigation Acts

• Some colonial businessmen resented the restrictions• Rules cut into their profits• They started smuggling goods

Page 9: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Reaction to Navigation Acts

• Massachusetts merchants were the worst about defying the rules• Puritans hated the king—didn’t think

they had to follow the rules• British let it go for about 30 yrs

Page 10: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Reaction to Navigation Acts

• 1684—King Charles II cracked down on colonies• Revoked Massachusetts’ charter• Made it a royal colony—directly

answerable to king

Page 11: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Dominion of New England

• Temporarily set up all northern colonies as one single colony

• Made Sir Edmund Andros governor• Universally hated

Page 12: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Glorious Revolution—1688

• British king replaced by Parliament• Colonists copied Parliament, arrested

Andros

• Parliament revoked Dominion of New England / restored individual colonies

Page 13: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Restoration of Massachusetts

• Massachusetts received charter again• King selects governor• Must have religious freedom• Non-puritans must have representation

Page 14: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Salutary neglect

• England stopped paying attention to colonies for several years

• Concentrated on rivalry w/France

• Let colonies self-rule as long as they were making a profit for Britain

Page 15: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

The Southern Economy

Page 16: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Southern plantations

• Plantations were self-sufficient

• No need for cities—few in the south• Main one was Charleston, SC

Page 17: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Southern plantations

• Cash crop—crop grown for profit• Most plantations only grew 1 cash crop• Tobacco – VA and NC• Rice or indigo – SC and GA

Page 18: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Southern society

• Planters were small % of population but had most of the income• They controlled politics and society

• Small farmers were the majority of the white population, had little say

Page 19: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Before slavery was big

• Natives made bad workers• Disease• Deserted easily

• Indentured servants• Reports of mistreatment dropped # of

willing indentured servants• Increased price b/c of lack of supply

Page 20: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Slavery in American South

• Higher price of indentured servants increased demand for slaves

• Number of African slaves in South:• 1690 – 13,000• 1750 – 200,000

Page 21: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Triangular Trade

Page 22: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Middle Passage

• Newly enslaved Africans’ trip from African continent to Americas

• Treated like cargo on ships• Branded, packed tightly into very small

areas on ships• Many died from disease or cruel

treatment

Page 23: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Slaves in American South

• 80-90% were field workers• Plantations – overseen by field

bosses• Small farms – often worked beside owners

• Some were trained as artisans and rented out

Page 24: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Slaves in American South

• Owners could treat them any way they felt necessary• Murder of slaves was not illegal if it

was called “punishment” by owner

Page 25: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

African American Culture

• Slaves held onto ancestors’ culture• Difficult when families are broken up

• Arts & crafts• Music & dance• Food

Page 26: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Slave revolts

• Slaves rebelled however they could• Breaking tools• Faking illness• Work slowdowns• Ran away

• Sometimes joined with Native tribes

Page 27: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Stono Rebellion—1739

• Largest slave uprising prior to American Revolution

• Open revolt against slave owners• SC slaves killed planters, marched

toward Spanish Florida• Local militia battled, executed them

Page 28: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

What you need to know

• Mercantilism• Navigation Acts• Loss of Massachusetts Charter /

transition to royal colony• Triangular trade & Middle Passage• Growth of African American population in

the south• How African Americans held on to their

culture

Page 29: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

The Northern Economy

Page 30: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

What you need to know

• Development of northern colonies• Salem Witch Trials• Enlightenment• Great Awakening

Page 31: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Northern farms

• Weather & soil make farms smaller• No plantations

• More variety of crops than south• Sold excess of crops to West Indies

• In exchange for sugar/molasses

Page 32: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Northern merchants

• Large industries:• Lumber yards• Grist mills• Fisheries

• Handled sale of goods for farmers• Industry created strong economy

Page 33: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Northern merchants

• Merchants were most politically and socially influential people

• Required skilled workforce• Education important

• Bigger cities needed for merchants

Page 34: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Immigrants

• More important in north than south—more opportunity• Easier to work your way up in north

• More job opportunities in cities• More religious freedom than home

country

Page 35: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Immigrants

• Majority of early immigrants:• Germans• Scots-Irish

• English in north concerned that immigrants would ruin society

Page 36: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Slaves in north

• Crops grown in north (corn/wheat) required less labor

• Fewer slaves were needed• Treated better than in south (but still badly)

Page 37: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Salem Witch Trials 1692

• Girls accused slave woman of being a witch, then accused other women

• Everyone panicked• Impossible to prove innocence• If someone was accused, they’d accuse

others to get lesser punishment

Page 38: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Women’s rights

• They didn’t really have any

Page 39: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

The Enlightenment

• Belief that reason & science can be used to obtain knowledge

• Rational explanations for natural phenomena• World run by mathematical laws, not chance

• Puritans believed everyone should read bible—very high literacy rate

Page 40: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

The Great Awakening

• Early 1700s – b/c of $ prosperity –church attendance was low

• Puritans wanted ppl back into church• Traveling ministers held tent revivals

in small towns all over north

Page 41: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

The Great Awakening

• Revivals led to people becoming more active in churches

• Inc. popularity of various protestant churches (not just Puritans)

Page 42: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Jonathan Edwards• Influential

evangelist

• “Sinners in the Hands of an Angry God”• Famous sermon

scared people about God’s wrath

Page 43: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

Great Awakening & Education

• As church membership grew, more ministers needed

• Many major colleges & universities built for training ministers

Page 44: Mercantilism. What you need to know Mercantilism Navigation Acts Loss of Massachusetts Charter / transition to royal colony Triangular trade & Middle

What you need to know

• Development of northern colonies• Salem Witch Trials• Enlightenment• Great Awakening