US History Ch 5.2

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U.S. History Chapter 5: Life in the English Colonies Section 2: The Growth of Trade

Transcript of US History Ch 5.2

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U.S. History

Chapter 5: Life in the English ColoniesSection 2: The Growth of Trade

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English Trade Laws

•Mercantilism—creating & maintaining wealth by carefully controlling trade

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Exports…

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Imports…

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English Trade Laws

•Balance of Trade—when a country has fewer imports than exports

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English Trade Laws

•Navigation Acts—series of laws that required the colonists to do the bulk of their trading with England

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Pros Cons

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Colonial Trade

•Molasses Act—placed duties on sugar, molasses, & rum

•Colonists violated Navigation Acts by smuggling goods from the non-English Caribbean

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Colonial Trade

•Triangular Trade—pattern of transporting products between the colonies, the West Indies, & Britain

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The Middle Passage

•Middle Passage—voyage from Africa to the Americas experienced by enslaved Africans

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Olaudah Equiano

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The Middle Passage

•Opposition by Quakers

•Slave labor important in southern colonies

•Salve ships built & owned by New Englanders