1 / 14

European Competition

Explore the dominant economic theory of mercantilism, favorable trade balance, creation of trade goods surplus, and the motives for Spanish, French, Dutch, and English colonization in the New World.

adickerson
Download Presentation

European Competition

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. European Competition • A. Mercantilism • 1. Dominant economic theory • 2. Country’s strength = amount of gold & silver

  2. B. Favorable trade balance • 1. Export more than you import • 2. Sell more than you buy

  3. C. Create a surplus of trade goods • D. Colonization • 1.Colonies provide raw materials

  4. 2. Market place for the Mother Country • E. Complete economic circle

  5. Motives for Spanish Colonization • A. Secure claims to new territories • B. Secure gold & silver • Agricultural products- Indigo & Sugar

  6. D. Convert Indians to Christianity • E. Raw materials

  7. French Colonization • A. Fish for Cod • B. Fur trade • C. Convert Indians to Christianity • D. Raw material

  8. Dutch Colonization • A. Fur trade • B. Establish ports for trade (New Amsterdam) • C. Raw Materials

  9. English Colonization • A. Competition with Spain • B. Spread Anglican Church (Church of England) • C. Raw materials • D. Gold & Silver

More Related