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Question
kc-2.1.iii.a
an atlantic economy developed in which goods, as well as enslaved africans and american indians, were exchanged between europe, africa, and the americas through extensive trade networks. european colonial economies focused on acquiring, producing, and exporting commodities that were valued in europe and gaining new sources of labor.
⇒ how did the development of trans - atlantic trade alter economic relationships between europe, africa, and the americas?
⇒ what role did labor systems (indentured servitude, slavery) play in sustaining the \triangular trade\ system?
kc-2.1.iii.b
continuing trade with europeans increased the flow of goods in and out of american indian communities, stimulating cultural and economic changes and spreading epidemic diseases that caused radical demographic shifts.
kc-2.2.i.c
the british government increasingly attempted to incorporate its north american colonies into a coherent, hierarchical, and imperial structure in order to pursue mercantilist economic aims, but conflicts with colonists and american indians led to erratic enforcement of imperial policies.
⇒ explain the concept of mercantilism.
⇒ explain the how the navigation acts (between 1650 and 1673) implemented england’s mercantilist policy.
⇒ how did the navigation acts limit the development of the colonial economy?
⇒ explain the concept of salutary neglect and how it impacted enforcement of the navigation acts.
- Trans - atlantic trade created a complex web of economic interdependence. Europe gained resources and markets, Africa was exploited for labor, and the Americas became a source of raw materials and a destination for slaves.
- Labor systems like indentured servitude and slavery were crucial. Indentured servants provided short - term labor, while slaves were a long - term, forced labor source that enabled the production of goods for trade in the triangular trade system.
- Mercantilism is an economic theory that emphasizes a nation's wealth accumulation through a positive balance of trade, with government intervention to control trade and promote domestic production.
- The Navigation Acts required that goods imported or exported from English colonies be carried on English ships, restricted trade with other countries, and specified certain goods that could only be traded with England, implementing mercantilist policy.
- The Navigation Acts limited the colonial economy by restricting trade options, increasing costs due to reliance on English ships, and stifling the development of local manufacturing and trade autonomy.
- Salutary neglect was a British policy of relaxed enforcement of trade laws in the colonies. It allowed the colonies to develop their own economies more freely in the short - term, but when it ended, the sudden enforcement of the Navigation Acts led to colonial resentment.
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- Trans - atlantic trade created a complex economic interdependence with exploitation of Africa and the Americas for Europe's gain.
- Labor systems provided the necessary workforce for the production of goods in the triangular trade.
- Mercantilism is an economic theory focused on wealth accumulation through trade surplus and government control.
- The Navigation Acts implemented mercantilist policy by regulating colonial trade to benefit England.
- The Navigation Acts limited colonial economic development by restricting trade and increasing costs.
- Salutary neglect was a period of relaxed enforcement that later led to colonial resentment when reversed.