Triangle Trade
Triangle Trade was a key part to this exchange.
What is the Columbian exchange?
This was the theory that the overall wealth and power of a country was based on how much gold and silver they had.
What is Mercantilism?
This was South Carolina's Mother Country.
What is England?
This is the colony you study for 8th grade.
What is South Carolina?
This is a commodity that is sent out from one place to another place.
What is an export?
The Triangle trade was between these three places.
What is Europe, Africa and the New World?
In order for mercantilism to work for the Mother Country, the country would have to have this.
What is manufacturing capabilities?
The Mother Country had a what on selling manufactured goods to the colonies.
What is a monopoly?
This fraction of people from Barbados made up the beginning population of Charleston.
What is 1/2?
This is a commodity brought into a place from somewhere else.
What is an import?
This was the main export from Africa to the New World.
What are slaves?
This could not happen for Mercantilism to work.
What is trade between colonies?
The goal of the Mother Country was to find these scarce resources.
What are silver and gold?
Colonies exported these to the Mother Country.
What are raw materials?
This island colony was a major trading partner with Charleston.
What is Barbados?
These were the main exports from Europe and the New World to Africa.
What are guns and rum?
These were not able to manufacture materials.
Who were the colonies?
The Mother Country had a monopoly on goods to the colonies and therefore had none of these.
What is a competitor?
These are the types of goods colonies were forced to buy from the Mother Country.
What are manufactured goods?
When a nation exports more than they import.
What is a favorable balance of trade?
These were the major exports from the colonies to the Mother Country.
What are lumber, cotton, iron and gold?
This was the three ways countries could obtain more gold and silver.
What is mine for silver and gold in the colonies, become a manufacturing giant and have a favorable balance of trade with the colonies?
The Mother Country tried to set up these all over the world in order to gain more wealth and power.
What are colonies?
These are the major European countries that were the Mother Country to New World in North America.
What are France, Spain, and England?
This law made it illegal for colonies to trade with each other.
What is the Navigation Act?