Triangular
Trade
Vocabulary
• Export
• Import
• Mercantilism
• Natural resources
• Raw material
• Manufactured goods
Mercantilism
• The idea that a nation should
try to build up wealth (GOLD
and SILVER)by exporting more
than it imports.
• Colonies are created to
provide natural resources and
raw materials to the parent
country.
• The colonies could only trade
with its parent country, so that
all wealth would go to the
parent country.
Triangular
Trade
• A pattern of trade developed between England, the 13 Colonies,
Africa, and the West Indies.
– Colonies provide Raw Materials to parent country
– Parent country makes manufactured good from raw materials
– Manufactured goods shipped to markets around the world
including the colonies.
Transatlantic Slave Trade
• The portion of Triangular Trade carrying
slaves from Africa to the Caribbean and
the Colonies was known as the Middle
Passage.
• During the journey, slaves experienced
Cruel treatment, poor sanitary conditions,
starvation, disease, and overcrowding.
• “...two of my wearied countrymen who
were chained together, preferring death
to such a life of misery, somehow made
through the nettings and jumped into the
sea...” Olaudah Equiano
Navigation Laws (1650-1763)
• 13 Colonies could only trade with
England on English ships and must
pass through English ports.
• If the Colonies traded with another
country there were extra taxes
added on to the price.
• The Colonies could make more
money if they traded with other
countries.
• Many Colonial merchants would
often illegally trade (smuggle)with
other countries.
Triangular trade
Triangular trade

Triangular trade

  • 1.
  • 2.
    Vocabulary • Export • Import •Mercantilism • Natural resources • Raw material • Manufactured goods
  • 3.
    Mercantilism • The ideathat a nation should try to build up wealth (GOLD and SILVER)by exporting more than it imports. • Colonies are created to provide natural resources and raw materials to the parent country. • The colonies could only trade with its parent country, so that all wealth would go to the parent country.
  • 4.
    Triangular Trade • A patternof trade developed between England, the 13 Colonies, Africa, and the West Indies. – Colonies provide Raw Materials to parent country – Parent country makes manufactured good from raw materials – Manufactured goods shipped to markets around the world including the colonies.
  • 6.
    Transatlantic Slave Trade •The portion of Triangular Trade carrying slaves from Africa to the Caribbean and the Colonies was known as the Middle Passage. • During the journey, slaves experienced Cruel treatment, poor sanitary conditions, starvation, disease, and overcrowding. • “...two of my wearied countrymen who were chained together, preferring death to such a life of misery, somehow made through the nettings and jumped into the sea...” Olaudah Equiano
  • 8.
    Navigation Laws (1650-1763) •13 Colonies could only trade with England on English ships and must pass through English ports. • If the Colonies traded with another country there were extra taxes added on to the price. • The Colonies could make more money if they traded with other countries. • Many Colonial merchants would often illegally trade (smuggle)with other countries.