13February08 - VI)Population Growth VII Agricultural...

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Eighteenth-Century Economy and Culture Lecture Reading – Sherman, Chapter 15, pages 486-498. I) SLAVERY AND THE ATLANTIC ECONOMY II) International Trade A) Mercantilist policies demand international trade B) Initially focus on precious metals C) Last half 17 th century changes to plantations D) Plantation economy is labor intensive III) Slavery A) Begins 16 th century B) Height of slavery in the 18 th century C) Abolition in the 19 th century D) 2/3 of slaves are taken in the 18 th century IV)Impact on Europe A) Money transferred to Europe B) Plantation owners build opulent European homes C) Alters consumption patterns D) Items like sugar become part of everyday life E) Triangular Trade F) European manufactured goods go to Africa G) African slaves traded for goods H) Slaves are shipped to the New World, traded for sugar, cotton, tobacco, rum, furs, timber I) Mercantilism supports this slave - raw material - cash exchange V) LIFESTYLE CHANGES
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Unformatted text preview: VI)Population Growth VII) Agricultural Revolution A) Increased land under cultivation through enclosure and reclamation B) Links livestock raising to crop growing C) Small farmers lose out D) Happens primarily in NW Europe VIII) Cottage Industry A) More people and more food means more workers B) Peasants make manufactured goods through “putting-out” system C) The money economy is extended IX) SOCIAL CONSEQUENCES OF ECONOMIC GROWTH A) More money to spend (disposable income) B) New social and cultural forms created X) Coffee and Coffeehouses A) More income for extras B) Plantation products entrenched C) International politics stable D) Domestic politics stable E) Gender is an issue F) Bach, Coffee Cantata XI)New middle-class purchases art, literature, even music XII) Public grows confident, middle class increases in power and influence...
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