PPT-What is Mercantilism?

During the Age of Exploration newly powerful kingdoms such as Spain England and France thought that there was only so much wealth and power in the world What is Mercantilism These kingdoms wanted to get as big a piece of the pie as possible. Peter Zenger’s Trial. The English Parliamentary Tradition. In England 1215, English nobles forced King John to sign the Magna . Carta. The Magna . Carta. was significant because it was the first document to put restrictions on an English ruler’s power. Chapter 7. Essential Question?. Why did the American colonists rebel against Great Britain? . 7 Years War. British victory was very costly.. Parliament forced American colonists to pay the soldiers and other costs of war. . For a wrong answer you get insulted. For a right answer you get applause. This game is meant to be entertaining and not to be taken seriously. Any student may choose not to take part , but must pay attention and take notes.. Champlain: The Father of New France. Economic Reasons For New France. France's main interest in North America was economic. As long as the fisheries were the most lucrative resources and after the failures of Cartier, France lost interest in N. . By: Mr. Moore using contributions by Susan Pojer . High School of Economics & Finance NYC, NY. Why Did Europe Follow The Psychology of Limited Wealth?. Changes in population. Practices in agriculture and industry. The Road to fortune, and easy living. Table of Contents. While going through this power point you will be able to use certain buttons and shortcuts to go between slides. . . . This is the AUDIO button. This will play an audio clip. . Objectives: . Define and discuss the effects of: Mercantilism, the Crusades and the Black Plague. . Create a sequence of events of the following: The Crusades, Mercantilism and The Plaque. . Create a diagram/mental map to explain the cause and effect relationship between The Crusades, Mercantilism and The Plague. . Christopher Columbus. ?. Italian explorer sailing for Ferdinand & Isabella of Spain. Columbus wanted fame & fortune – he was to keep 10% of the riches he found along the way, received a noble title and governorship of any lands he encountered. . So 2.4, 2.5. Chapter 4. To what extent have various ideas and events shaped Liberalism over time?. Like ideologies, liberalism has changed in response to historical conditions, yet some key values have remained:. When King George III took over the throne, the British adopted a program called mercantilism-Great Britain needed the colonies . to profit more from selling goods to other countries rather than buying. Questions…. Why do countries trade?. What do they gain? . Is international trade a win-lose competition or a win-win situation? Why?. If a competition, who wins? How?. What is a “balance of trade”? . Long Term Trends Bringing Tension Between England and the Colonies by the 1760s. Trends Bringing Tension. I. Increasing power of colonial legislature (5 colonies in particular: New York, Massachusetts, Pennsylvania, Virginia, S. Carolina).. Europe’s Economy. Nation. = basic economic unit. Nations competed for markets and trade goods. New business methods needed:. Investing money. Speeding flow of wealth. Reducing business risk. New Business Methods. 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..