The Commercial Revolution
Document Sample


Causes of
The American Revolution
Part 1
In this lesson, students will be able
to define the following terms:
Mercantilism
Colonies
Mother Country
The Commercial Revolution marked
an important step in Europe from
local economies to a global economy.
Mercantilism
Mercantilism was the belief that a
nation’s power depended on the
ownership of gold and silver.
In order to acquire gold and silver,
European countries established
overseas colonies.
Colonies provided gold and silver.
Mother Countries and Colonies
Mother countries were conquerors.
The conquered land was a colony.
Mother countries also imported
natural resources or raw materials
and exported finished goods.
Imports
Rice
Indigo
Naval Stores
Lumber
Rum
British Government
Offered subsidies to encourage new
products
Rice & Indigo were on the
“enumerated” list (could only be sold
to England)
List not enforced on SC Rice
(advantage for SC)
Military was used to control and
protect trade
“Triangular” trade made some
continents wealthy while it impoverished
other continents.
Who Became Rich & Powerful?
Kings & Queens
Risky Businessmen
Planters
Lost out?
Slaves
Natives
Questions for Reflection:
1. Define mercantilism.
2. How did European nations
increase their wealth and
power?
3. What was “Triangular” trade?
4. What was the relationship
between a mother country and
a colony?
Assignment
Draw a diagram, on your paper,
showing how mercantilism worked.
Then, write a paragraph describing
mercantilism and how it created
wealth for nations.
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