Colonial Economy and Trade
Understand what mercantilism is
Explain how colonies benefited the mother country
Analyze economic relationships between England and its colonies
“Wealth gotten by vanity shall be diminished, but he who gathers by labor will increase.”
— Proverbs 13:11 (WEB)Demonstrates the importance of honest economic practices and hard work
Begin with a map activity showing England and its colonies. Ask students to imagine they are merchants in the 1700s trying to build an economic empire.
Explain mercantilism as an economic system where colonies exist to make the mother country rich by providing raw materials and buying manufactured goods.
Students role-play as English merchants and colonial producers, trading resources and manufactured goods.
Simpler: Use fewer trading cards and simpler rules
Challenge: Add taxation and trade restriction rules
Summarize how mercantilism shaped colonial economic relationships
Lord, help us understand how to be fair in our dealings with others and to treat all people with respect.
Coming up: Tomorrow we'll learn about the Navigation Acts and how they controlled colonial trade
“Wealth gotten by vanity shall be diminished, but he who gathers by labor will increase.”
— Proverbs 13:11 (WEB)🎯 Activity: Memory chain - students pass a ball and each says next word of verse
Mercantilism was an economic system that viewed colonies as economic resources for the mother country
Understanding abstract economic systems and trade relationships
Evidence of understanding trade dynamics and economic interdependence
Great job completing today's lesson!