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Mercantilism Simulation Game Review of Trade

Experience mercantilism through a simulation game where you trade goods with European countries like England, Spain, and the Netherlands to accumulate gold bars. Learn about the forms of trade, Navigation Acts, and how colonists traded with European nations. Understand mercantilism's impact on commerce and economies.

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Mercantilism Simulation Game Review of Trade

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  1. Mercantilism Simulation Game

  2. Review of Trade • What were the 3 forms of trade? • What were the Navigation Acts? • What is mercantilism? • How did colonists trade with European nations other than England?

  3. Toothpicks = Gold Bars Britain: finished products Hershey’s (20) New England: fish & lumber Whoopers (10), Butterfinger (10) Middle: wheat & manufactured products Crunch (10), Skittles(10) Southern: tobacco, rice, indigo, & cotton Baby Ruth (10), Snickers (10), Almond Joy (5), & Twix (5) Spain: finished products Kit-Kat (20) The Netherlands: finished products Starbursts (20) Mercantilism Game

  4. Your Task • Your goal is to acquire as much gold as possible by trading and selling your goods

  5. Rules of Trades • Colonies (N.E., Middle, Southern) can only trade with Euro countries(England, Spain, Netherlands) • Euro countriescan only trade with colonies • Countries cannot trade with each other • 2 colonial raw materialscan be traded to Europe for 1 finished productOR can be sold for 1 gold bar • 1 finished productcan be traded to the Colonies for 2 raw materialsOR can be sold for 2 gold bars • AFTER TRADING--trade your products to the “BANK” (Coach Bowers) for gold bars until the BANK runs out of gold

  6. Round 1 • Begin trading for gold • During Round 1, colonies can trade with ANYEuropean country • You have 5 minutes for trading

  7. Who Won? • Meet with your group. Count thegold acquired by all members. • Who won? A colonial region or European country? Why?

  8. But Remember… • The Navigation Actswere passed by Parliament to limit colonial trade with other European countries. • During Round 2: • Spain & The Netherlands must pay 1 gold barto England to trade with the colonies • Colonies must pay 1 gold barto England to trade with Spain & The Netherlands

  9. Round 2 • Rules from Round 1 apply • colonies may only trade with Europe& visa versa • However, the Navigation Actsare in place, so you must pay 1 gold barto England to trade with the colonies if you are Spanish or Dutch or to trade with the Spanishor Dutchif you are a colonist… • …only if England catches you…smugglers? • You have 3 minutes to trade.

  10. Follow-Up Discussion • How did you feel about the restrictions on trade? • Why was smuggling used by the colonists? • Who was mercantilism designed to benefit?

  11. QuickWrite #4 • Mercantilism is different than free-enterprise because…

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