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An economic policy under which a nation tries to get and keep as much bullion as possible

An economic policy under which a nation tries to get and keep as much bullion as possible

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An economic policy under which a nation tries to get and keep as much bullion as

possible

Three great explorers are setting out across

the Atlantic. Read their mission statements and decide with whom you will get in the boat.

Remember… the idea is to sail with the man that

will get you the most bullion!

Pip Pip!Are you tired of the shortage of land? Have you been in debt and King James is threatening

you with prison? Join me in my search for a land where every man shall haveth a

golden chamber pot and every child shall have a cape of

rubies. Your pantaloons shall overflowith with gold. God

himself hath chosen this place for man’s habitation.

Cheerio!

John Smith

Úname! Are you feeling old, tired,

weary… maybe even down trodden. Join me as we search for the fountain of

youth. With your rejuvenated spirit, you will have plenty of

energy to convert the barbarians beyond the seas.

With a healthy lifestyle, we shall also have a healthy

pocket book. You will be able to give your children and your

children’s children golden fleece diapers.

Adios! Ponce de

Leon

Bon jour mon petit chou! Do you desire glory and your

name in bright lights? Join me in my search for the northwest

passage. That ship which uncovers the secret shall

control the spices of the east. Viva la France!

Samuel de Champlain

Pick a Captain!

John Smith

Great Britain

Ponce de Leon

Spain

Samuel de Champlain

France

Based on what you found, was this a successful trip?

Based on what you found, was this a successful trip?

Based on what you found, was this a successful trip?

NOTES on Jamestown

vs

History

Hollywood

Mercantilism: economic policy in which a nation tries to get as much bullion as possible

Mother CountryColony

Mercantilism…

1. Colony: area settled by immigrants ruled by a mother country… supply raw materials

Foreign CountryColony

Mercantilism…1. Colony…

2. Favorable Balance of Trade: having a larger inflow of bullion than outflow

Foreign CountryMother Country

Mercantilism…1. Colony…

2. Favorable balance of trade…

3. Joint Stock Company: group of investors who fund the trip and split profits

He does all the

work, we get all the

profits!

Jamestown: 1st successful English colony1. Motives: want to find gold and silver

a. Virginia Company: JSC that est. Jamestown

2. Struggles with Settlementa. Settle near swamp

disease (malaria, dysentery, typhoid)

b. Live down stream from Powhatan (N. Amer tribe) contaminated water

c. “starving time” = period of famine

i. planted wheat and searched for gold… no gold in Virginia, and wheat doesn’t grow!

3. Economic Developmenta. John Smith: captain whose

leadership saved colonyi. “He who does not work will not

eat”

b. John Rolfe: father of tobacco i. Labor shortage slave trade

ii. Labor shortage Indentured servants… work 3-7 years for travel, housing, food, etc

Get a job

4. Political Developmenta. Demand for land war with Indians

increased need for local government

b. House of Burgesses: meeting place where elected representatives made laws

Interactive Websites

• Decision Maker

• http://www.historyglobe.com/jamestown/

• Expansion of Jamestown http://www.virtualjamestown.org/jamestown_development/settlement_v2.html