PPT-Mercantilism - 17 th and 18

th centuries England and many other European countries believed that power depended upon monetary wealth Principles of Mercantilism the belief that the amount of wealth in the world was relatively static. IMPERIAL RULE IN THE ORIENT . FOR NARRATIVES OF ECONOMIC DEVELOPMENT AND DIVERGENCE FROM THE CONQUEST OF CEUTA TO THE OPIUM WAR (1415-1839). Patrick . Karl O’Brien (LSE and Oxford. ). . (. P.O’brien@lse.ac.uk. Monarch Middle Man . Colony Garrison. Indentured Servant Artisans. Slave Regulations. Trustee . Charter. Vocabulary. Mercantilism. Policy to export more than you import. Monarch. A King or a queen. 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. (. 1607-1754). Europeans and American Indians maneuvered and fought for dominance, control, and security in North America, and distinctive colonial and native societies emerged.. Warm-Up: Period 2 (1607 – 1754) Quiz. 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.. 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.. Monarch Middle Man . Colony Garrison. Indentured Servant Artisans. Slave Regulations. Trustee . Charter. Vocabulary. Mercantilism. Policy to export more than you import. Monarch. A King or a queen. Mercantilism. Economic policy that looked upon trade, colonies, and accumulation of wealth as the basis for military and political strength. Colonies only exist to enrich parent country. Navigation Acts (1650-1673). 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. . 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. . The Theory. Balance of Trade. Shipping. Colonies exist to supply raw materials. Acquisition of Colonies. New market. Exploitation of Resources. Adam Smith’s . The Wealth of Nations. Government Industry = Partnership. European countries competed for world power and needed colonies to provide necessary raw materials.. Colonies’ role:. provide raw materials (so mother country does not have to import from other nations) and markets for exports. Mrs. Hart and Mrs. Bernier. The Atlantic Slave Trade. In the 1500s, the Europeans began to import slaves from Africa to the Americas. But the use of slaves was nothing new. For centuries, the Egyptians, Greeks, Romans, Persians, Indians and Aztecs often enslaved the people they conquered. The Arab empire also used slave labor.. 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:.