economics and colonization. european exploration and colonization of north america
TRANSCRIPT
![Page 1: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/1.jpg)
Economics and Colonization
Economics and Colonization
![Page 2: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/2.jpg)
European Exploration and Colonization of North America
![Page 3: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/3.jpg)
What are the purposes of colonization?
What are the purposes of colonization?
![Page 4: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/4.jpg)
Purposes of ColonizationPurposes of Colonization
God? Gold silver Glory? Territory Slaves
God? Gold silver Glory? Territory Slaves
![Page 5: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/5.jpg)
Consequences of Colonization
Consequences of Colonization
Decimation of Native Population Aztec Empire population declined
from 25 million to 2 million in 30 years Measles Influenza Smallpox
Decimation of Native Population Aztec Empire population declined
from 25 million to 2 million in 30 years Measles Influenza Smallpox
![Page 6: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/6.jpg)
Codex Florentinus (ca 1545-1580)
Codex Florentinus (ca 1545-1580)
![Page 7: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/7.jpg)
Consequences of Colonization
Consequences of Colonization
Widespread belief of European superiority in Europe Wanton destruction of native
cultures Continued need for a source of
cheap labour to work mines and sugar plantations African Atlantic Slave Trade
Widespread belief of European superiority in Europe Wanton destruction of native
cultures Continued need for a source of
cheap labour to work mines and sugar plantations African Atlantic Slave Trade
![Page 8: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/8.jpg)
Diagram of a typical Slaver travelling the Middle Passage
Diagram of a typical Slaver travelling the Middle Passage
![Page 9: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/9.jpg)
The Expanding Slave Trade
The Expanding Slave Trade
![Page 10: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/10.jpg)
Consequences of Colonization
Consequences of Colonization
Sharing of Cultures and Knowledge African slaves work in New World
mines African and Native American slaves
work in Europe European men and women find
homes in the New World
Sharing of Cultures and Knowledge African slaves work in New World
mines African and Native American slaves
work in Europe European men and women find
homes in the New World
![Page 11: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/11.jpg)
Consequences of Colonization
Consequences of Colonization
New World products available in Europe SUGAR Rum Cocoa beans Vanilla Tomatoes Potatoes
New World products available in Europe SUGAR Rum Cocoa beans Vanilla Tomatoes Potatoes
![Page 12: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/12.jpg)
Consequences of Colonization
Consequences of Colonization
Emergence of a Global Marketplace Triangular trade
The Atlantic triangle Firearms and other goods to African coasts,
slaves to New World, sugar, tobacco, cotton, rum to Europe
The Asian triangle South American silver to Europe and then to
Asia for spices, silk, coffee, jewels, jade, porcelain, dyes, fabrics and later tea
Emergence of a Global Marketplace Triangular trade
The Atlantic triangle Firearms and other goods to African coasts,
slaves to New World, sugar, tobacco, cotton, rum to Europe
The Asian triangle South American silver to Europe and then to
Asia for spices, silk, coffee, jewels, jade, porcelain, dyes, fabrics and later tea
![Page 13: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/13.jpg)
Triangular TradeTriangular Trade
![Page 14: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/14.jpg)
Global Trade NetworksGlobal Trade Networks
![Page 15: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/15.jpg)
MercantilismMercantilism
New system of understanding a nation’s wealth Wealth of a nation is determined by
the amount of precious metals it holds
Trading with bullion meant a loss of wealth
Goal= maintain a surplus of bullion Problem for trade with East
New system of understanding a nation’s wealth Wealth of a nation is determined by
the amount of precious metals it holds
Trading with bullion meant a loss of wealth
Goal= maintain a surplus of bullion Problem for trade with East
![Page 16: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/16.jpg)
Importance of Colonies for Mercantilism
Importance of Colonies for Mercantilism
Exclusive trade partners Natural resources provided to core
Timber Furs Cotton PRECIOUS METALS
Core trades as much as possible in finished goods
Exclusive trade partners Natural resources provided to core
Timber Furs Cotton PRECIOUS METALS
Core trades as much as possible in finished goods
![Page 17: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/17.jpg)
Results of MercantilismResults of Mercantilism
Since mercantilist theory argued that there was a finite limit to the world’s volume of possible trade: Scramble for colonies beginning in
the 17th century Commercial warfare in the 18th
century
Since mercantilist theory argued that there was a finite limit to the world’s volume of possible trade: Scramble for colonies beginning in
the 17th century Commercial warfare in the 18th
century
![Page 18: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/18.jpg)
Mercantile WarsMercantile Wars
England vs Netherlands (1652-1672) Netherlands loses New Amersterdam
England vs France (1700-1763) Seven Years’ War (1765-1763)
North America, West Indies and India Britain as the global superpower
England vs Netherlands (1652-1672) Netherlands loses New Amersterdam
England vs France (1700-1763) Seven Years’ War (1765-1763)
North America, West Indies and India Britain as the global superpower
![Page 19: Economics and Colonization. European Exploration and Colonization of North America](https://reader036.vdocuments.net/reader036/viewer/2022081520/5697bf881a28abf838c89172/html5/thumbnails/19.jpg)
Seven Years’ WarSeven Years’ War