Mercantilism
the economic health of a nation measured by the gold or silver it holds
what is bullionism
What economic system did Europe profit from?
Mercantile System
What two countries were constantly fighting for power?
where did the british decide to move their growing population to?
North America
In what year did slave shipments peak?
1780
the creator of french mercantilism
who is Jean Baptiste Colbert
What was the largest and richest city in the West?
London
What event did the War of Spanish Succession begin with?
The death of Charles II
why was labor in heavy demand in north america?
cheap land
How did in an increase in wars in Africa result in more people people being enslaved?
More people were taken/held captive and sold into slavery.
trade that only benefited one nation
what is a “zero-sum” game
Many European countries developed __________ and mercantilist policies to help combat competing goods
protectionist
A union of ____ and ____ threatened to destroy the British colonies in North America
France and Spain
Where were most of the large sugar cane plantations?
the Caribbean
In Europe, where did many of the freed slaves go?
London
monarchs, merchant capitalists, ____________, and government officials benefited from Mercantilism
what are joint-stock companies
Woolen Cloth
What event started the War of Austrian Succession?
when Frederick the Great of Prussia seized Silesia
What % of the population of the Americas was black?
20%
In what year did Parliament abolish the British slave trade?
1807