A | B |
Leg 1 of Triangular Trade | Europe to Africa |
Leg 2 of Triangular Trade | Africa to America |
Leg 3 of Triangular Trade | America to Europe |
A "Triangular Trade" | trade patters with 3 legs |
rum, pots, pans, textiles | Goods on Leg 1 of Tri-trade |
slaves | Goods on Leg 2 of Tri-Trade |
cash crops, raw materials | Goods on Leg 3 of Tri-Trade |
Europe introduces to America | cattle, horse, smallpox |
American goods new to Europe | corn, potato, peanuts, |
Columbian Exchange | products exchanged between New World and Old World |
New World | Americas |
Old World | Europe, Africa, Asia |
mercantilism | economic theory 1600s-1700s |
goal of mercantilism | mother country becoming self-sufficient |
role of colonies in mercantilism | colonies exist to benefit mother |
goods colonies provide | raw materials (bullion, cash crops) |
Mother country sells to colony | manufactured goods |
cash crops | cotton, tobacco, sugar, coffee |
farming system used in America | plantations |