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4 /30 Focus:

4 /30 Focus: The creation of European colonies in the Americas led to the exchange of new types of goods, new patterns of trade, and new economic systems in Europe Do Now: What was the Middle Passage?. The Columbian Exchange Mercantilism . Columbian Exchange.

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4 /30 Focus:

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  1. 4/30 Focus: • The creation of European colonies in the Americas led to the exchange of new types of goods, new patterns of trade, and new economic systems in Europe • Do Now: • What was the Middle Passage?

  2. The Columbian ExchangeMercantilism

  3. Columbian Exchange The exchange of plants, animals, and diseases between Europe, Africa, and the Americas

  4. Effects of the Columbian Exchange Introduction of new crops from the Americas to Europe, Africa, and Asia led to population growth

  5. Effects of the Columbian Exchange • Increased cultural diffusion • Europeans were influenced by Native American foods as well as African farming methods, cooking styles, and music • Spread of European languages • Spread of Christianity

  6. Effects of the Columbian Exchange • The combination of new products and ideas promoted economic growth in Europe

  7. European Compete for Colonies • The success of the Spanish colonization increased European interest in the Americas • French establish colonies in Canada • Dutch establish colonies along the Hudson River • British colonize east coast of U.S.

  8. Mercantilism • An economic system in which colonies exist for the benefit of the colonial power • Europeans looked at their colonies as possessions that existed for their benefit

  9. Principles of Mercantilism • Might of a country depends on gaining surpluses of gold and silver

  10. Principles of Mercantilism • A main goal is the creation of a favorable balance of trade • Exporting more goods than you import

  11. Principles of Mercantilism • The purpose of colonies: • Ship raw materials to the “mother country” (colonial power) • Buy finished goods from the colonial power

  12. Growth of Capitalism in Europe • Increased trade with colonies encouraged the development of capitalism in Europe. • People invested money incompanies in hopes of making a profit • Joint stock companies formed to finance overseas expedition • Led to the growth of the middle class in Europe.

  13. Closure • Define the term Columbian Exchange. • What is mercantilism? • What was one goal of mercantilism?

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