Mercantilism
Define Mercantilism
An economic system that allowed an imperial country to become rich by selling the resources taken from its colonies.
How many times did Walter Raleigh try to settle in North America?
Three times!
John Cabot arrived in Newfoundland in 1497. How did he describe the fishing situation in Newfoundland's shores?
The fish were so plentiful that you could lower a bucket into the water and catch fish
What does sovereignty mean?
Supreme governing authority
Name one thing that Henry Kelsey brought with him to try to convince the First Nations people to trade with the British
Name the 4 people groups that were involved in our study of mercantilism
The king, first nation peoples, English colonists, and english merchants
Name 2 of the four reasons why Britain wanted to build colonies in North America
1. The Economy
2. Competition
3. Quality of Life
4. Religious Freedom
Which First Nation group were originally from the area of Newfoundland?
The Beothuk
What happened to Henry Hudson and his loyal followers in 1610?
His crew mutinied and cast them adrift in a small boat in the middle of Hudson's Bay.
What animal was hunted for pelt that was named "soft gold"?
Sea otter
Of the four groups involved in our study of mercantilism, who would have most likely said "“I love power and money. Let the colonies make me rich.”
The King or Royalty
How was the attitude of New France different from The Thirteen Colonies with regards to Religion?
New France only allowed French Catholics while The Thirteen Colonies allowed more religions
What were the Beothuk people's initial impressions of the British?
They were cautious and avoided them
They would meet with the First Nations people first before they made it to the English trading posts
What happened to Sir John Franklin and his two ships in 1845?
They disappeared while searching for the Northwest passage
Furs, ores, pelts, logs, or fish
How was the attitude of New France different from The Thirteen Colonies with regards to Trade?
New France only traded with New France, while The Thirteen Colonies traded with everyone
Tuberculosis
In 1713, Britain was given __________ from France and renamed it ______ ___________
Acadia, Nova Scotia
How was the Siksika economy different from the British economy?
Siksika Economy - Equality among its members and meeting the needs of the community
British - For profit