US History Mercantilism Quiz

Relationship between slaves and economy in south?

South became dependent on slaves. It became a "slave economy"

Salem Witch Trials

1629 outbreak of witchcraft accusations in a puritan village marked by an atmosphere of fear, hysteria and stress. No actual evidence but resulted in over 150 were imprisoned 25 died in Salem, MA.

Monopoly

A market in which there are many buyers but only one seller.

Triangular Trade

A three way system of trade during 1600-1800s Africa sent slaves to America, America sent Raw Materials to Europe, and Europe sent Guns and Rum to Africa

Salutary Neglect

An English policy of not strictly enforcing laws in its colonies and only sometimes following through on punishment for disobeying laws. (Boy who cried wolf effect)

Mercantilism

An economic policy under which nations sought to increase their wealth and power by obtaining large amounts of gold and silver and by selling more goods than they bought

Effects on Economy

England thrived and colonies struggled because they only had one direct line for trade and were essentially controlled by England.

Economy Relationship Between Colonies & England

England was a monopoly to the colonies by enforcing acts that restricted trade with other countries. Produced manufactured products from raw goods the colonies were required to ship to England. England bought the raw goods and sold them back at a higher cost to make a profit. Colonies became dependent and mother country gained extra resources, power, and better positioning for war.

How is England controlling colonies?

Navigation Act- passed by parliament that controlled colonial trade Dominion of New England- made north one large colony under British control Sent Sir Edmund Andros to govern the dominion for the King and report back to him/ enforce his laws Glorious Revolution- passed laws that gave greater power to the king Took away Massachusetts' colony's charter and made it a royal colony. Governors were appointed by king ruled each colony.