In North America, there were few revolts, and the reasons were: large majorities of slaves, suffering brutal exploitation, enduring low survival rates, geographically isolated colonies, the success of building black community culture. 7.What role did slavery play in the economic development of Europe during the colonial period? What limits did it impose upon slave societies? What regions of British Americas provided the most exports to Great Britain? Describe the three ways slavery contributed to the economic development of Europe? They were good for the European export, providing an engine for the Industry Revolution. Their commodities and labor were the fundamental cause of the British success in the New World. Slaves’ masters benefited from the plantation system, but not from the industrialized and economic diversification. The West Indies and the South exported 95% products from America to Great Britain, but New England and Middle only exported 5%. Colonies provided a huge market for Britain products, buying 70% of GB’s exports. Slavery provided a great benefit which was invested in the society. The Profits of great triangular trade among the Atlantic Ocean produced 21-35% of GB’s capital formation in the 18th century. The profits were brought to canals-building, banking, insurance, transportation, and harbor construction. The development helped the economic growth of Bristol and Liverpool, which enhanced more jobs. Slavery produced cotton which helped the Industry Revolution. 8.What were the goals of "mercantilism." Describe the legal and institutional structure that emerged during the 18th century as the series of Navigation Acts were passed between 1651 to 1696. What products were to be exported only to Great Britain and what colonial enterprises were limited? What were other restrictions placed on the colonies? Were the regulations and rules rigorously enforced during the first half of the 18th century? Describe the increase in trade between Britain and North America during this period. How did the North American colonies prosper during this period? Describe the social structure of the slave colonies, the limits placed on free blacks, and the intimate relations between masters and house slaves. The goals of “Mercantilism” were that the state should politically control the economy. Navigation Acts considered the colonies as the materials suppliers and markets for Great Britain’s manufactured products. Merchants from other countries could not trade in GB’s colonies, and all commerce needed to be transacted in boats which were built in England or English colonies. The Parliament of Great Britain established a list of colonial goods that were not allowed to be sold to other countries. The products included sugar, molasses, rum, tobacco, rice, and indigo in the South, and furs and skins of Native Americans’ trade in Northern Colonies, pine masts, tar, pitch, resin, and turpentine.
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- Spring '17
- Atlantic Slave Trade, African slaves