The columbian exchange and mercantilism

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Warm Up Describe the difference between the treatment of the Native Americans by the Spanish priests and landowners.

Transcript of The columbian exchange and mercantilism

Warm UpDescribe the difference between the

treatment of the Native Americans by the Spanish priests and landowners.

Vocabulary- ONLY COPY BOLD TERM Columbian Exchange- The Global exchange of ideas,

people, plants, animals, and technology that lead to great changes for the people of Asia, Europe, Americas, and Africa.

Commercial Revolution- The growth of business in Europe and America and the emergence of capitalism that took place because of the Columbian Exchange.

Capitalism- Economic system based on private ownership and investment for profit.

Joint Stock Company- Companies that investors would buy stocks in to help the company start a colony in order to make a profit.

Mercantilism- Economic policy in which countries would create colonies in order to create a favorable balance of trade.

WARM UP: 1. What created the Europeans desire for foreign goods and

products?2. What were the 3 main reasons fro European Exploration?3. What technological advancements made European

Exploration possible?4. Why was Portugal able to take the lead in Exploration?5. What was created to prevent war between Spain and

Portugal?6. What was the Mestizo population?7. What was the Encomienda System?8. Describe the difference of the Spanish landowners and

priests in the treatment of Native Americans.9. What led to the Atlantic Slave Trade?

EQ: HOW DID THE DESIRE FOR NEW TRADE ROUTES & THE SPREAD OF CHRISTIANITY LEAD TO GLOBAL CHANGES?

The Columbian Exchange and Mercantilism

The Columbian ExchangeThe Global

exchange of people, plants, animals, idea, and technology, began during the colonization of the Americas, leading to profound changes for the people in Asia, the Americas, Africa, and Europe.

New wealth from the Americas and the growth in oversees trade combined to create new business and trade practices in Europe.

Together they created a Commercial Revolution and dramatically changed the economic atmosphere in Europe.

Unfortunately, other exchanges occurred:Diseases such as smallpox devastated Native populations in the Americas

GRAPHIC ORGANIZER

EQ: HOW DID THE DESIRE FOR NEW TRADE ROUTES & THE SPREAD OF CHRISTIANITY LEAD TO GLOBAL CHANGES?

Effects of Exploration The establishment of

oversees trade and colonies in the Americas promoted new types of business practices to arise in Europe.

One important change was the growth of capitalism: Economic system based on private ownership and investment for profit.

Now governments were not the only owners of wealth but private citizens could benefit as well. Numerous merchants

became the new wealthy in Europe.

They then would invest their money further in oversees trade and exploration.

TRIANGULAR TRADE!

Another type of economic policy also developed during this time. It was called Mercantilism. The theory of mercantilism said: A country’s power depended on it’s wealthWealth allowed nations to

build strong navies, armies and purchase necessary goods.

The goal of each nation became: To attain as much wealth as possible

According to mercantilism, a country should establish a favorable balance of trade.This is to sell more goods

than it bought. To export more than it imports.

Colonies were vital to this!!! They provided raw materials: Gold, wood, cotton, furs. Colonies not only supplied these raw materials but acted as markets for goods as well.

Example: Britain and U.S. Colonies

Raw MaterialsCotton

TextilesFinished Products

Mother Country Makes a Huge Profit!!

U.S. Coloni

es

Britain (Mothe

r Countr

y)

GRAPHIC ORGANIZER

EQ: HOW DID THE DESIRE FOR NEW TRADE ROUTES & THE SPREAD OF CHRISTIANITY LEAD TO GLOBAL CHANGES?

Closing/Reflection Describe the Columbian Exchange.What was the Commercial Revolution that

took place?What impact did the Columbian Exchange

have the native people?What new economic system arose in

Europe?What was a Joint Stock Company?What was Mercantilism?

Activity1. Using your notes and text books, research what items

passed between hemispheres in the Columbian Exchange.

2. Design a diagram of the Columbian Exchange using ONLY images. You must have 8 images on each side of the diagram.

3. When your diagram is finished, pick 1 item that went from west to east and one item that went from east to west that your group feels made the biggest impact on society. For each item, write an explanation of why you chose that item and what its impact was.

4. When finished, hang your poster on the wall, clean your area, sit quietly and begin working on the worksheet.