hist 1301 chapter 4 notes

hist 1301 chapter 4 notes - CHAPTER 4: ENGLISH COLONIES IN...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
CHAPTER 4: ENGLISH COLONIES IN AN AGE OF EMPIRE 1600s—1763 I. ECONOMIC DEVELOPMENT AND IMPERIAL TRADE IN THE BRITISH COLONIES A. INTRODUCTION 1. In the century after 1690, England became the most advanced economic power in Europe. B. THE REGULATION OF TRADE 1. England adopted a policy of mercantilism to achieve a favorable balance of trade within the empire as a whole, with exports leading imports. The Navigation Act of 1651 stated that all trade with the empire had to be conducted in English or colonial ships. Shipbuilding and earnings from the carryings trade soon became the most profitable sector of New England’s economy. 2. Colonial goods, called enumerated products , could be shipped only to England or to another English colony. 3. Parliament subsidized certain goods to allow manufacturers to undersell European competitors in the colonies. London emerged as Western Europe’s largest city. 4. Between 1650 and 1770, the colonial economy expanded twice as fast as England’s. C. THE COLONIAL EXPORT TRADE AND THE SPIRIT OF ENTERPRISE 1. By the late 1760s, the value of sugar was nearly 50 percent more than the total value of all other exports from British American colonies. In 1773, Parliament passed the Molasses Act, which taxed sugar products from foreign sources. 2. Tobacco from the Chesapeake colonies was the second most valuable crop. 3. Exports of rice and indigo enriched many South Carolina planters. 4. Wheat exports from the Middle Colonies boomed after 1750, when a combination of poor harvests and warfare in Europe created strong overseas demand. 5. New England had no staple crop and produced little for export except whale products. Fewer than 10 percent of New England’s population were slaves. D. THE IMPORT TRADE AND TIES OF CREDIT 1. In terms of value, the colonies imported more goods than they exported. E. BECOMING MORE LIKE ENGLAND: THE GROWTH OF CITIES AND INEQUALITIY 1. The colonial cities of Boston, New York, Philadelphia, Charleston, and Baltimore were comprised of only 5 percent of the colonies’ population. 2. Colonial cities had higher proportions of artisans than did rural villages. An apprentice contracted to work for a master for 4 to 7 years in order to learn the “mysteries” of his craft. Once an apprentice finished his training, he became a journeyman, working for a master but now earning wages and saving until he could afford to set up his own shop. 3. Most employed women were widows striving to maintain a family business until sons grew old enough to take over. The gap between the rich and poor colonies widened during the eighteenth century.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
II. THE TRANSFORMATION OF CULTURE A. GOODS AND HOUSES 1. Prosperous colonists built grand houses where they lived in greater comfort than ever before. B. SHAPING MINDS AND MANNERS
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/05/2009 for the course HIST 1301 taught by Professor Powers during the Summer '08 term at Lone Star College.

Page1 / 38

hist 1301 chapter 4 notes - CHAPTER 4: ENGLISH COLONIES IN...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online