US History Ch 5.2
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Transcript of US History Ch 5.2
U.S. History
Chapter 5: Life in the English ColoniesSection 2: The Growth of Trade
English Trade Laws
•Mercantilism—creating & maintaining wealth by carefully controlling trade
Exports…
Imports…
English Trade Laws
•Balance of Trade—when a country has fewer imports than exports
English Trade Laws
•Navigation Acts—series of laws that required the colonists to do the bulk of their trading with England
Pros Cons
Colonial Trade
•Molasses Act—placed duties on sugar, molasses, & rum
•Colonists violated Navigation Acts by smuggling goods from the non-English Caribbean
Colonial Trade
•Triangular Trade—pattern of transporting products between the colonies, the West Indies, & Britain
The Middle Passage
•Middle Passage—voyage from Africa to the Americas experienced by enslaved Africans
Olaudah Equiano
The Middle Passage
•Opposition by Quakers
•Slave labor important in southern colonies
•Salve ships built & owned by New Englanders