Evidence Triangle Trade

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Evidence Triangle Trade #1) Explain how economic competition and the exchange of commodities across the Atlantic Ocean influenced the developments of North American societies from late colonial through antebellum periods. Context ● Trade across the atlantic was a leading factor towards the colonization of America. ● It was the leading reason for the Great Britain to establish colonies like Jamestown which produced valuable tobacco and sent it back across the Atlantic. ● Certain acts that limited the colonies ability to trade lead to the American Revolution ● After the US became independent it needed to establish a trade reputation with other countries in order to succeed ● Political figures started to form different views on the American economy and trade that would later affect the interactions between regions . Thesis Statement The development of North American society was strongly influenced by the economic competition of trade from it’s very beginnings as colonies all the way until the antebellum period of the United States. The competition between Great Britain and the other European countries directly led to America becoming the center of trade it is today while simultaneously helping foster the American ideas of individualism by passing restrictive acts and policies. The exchange of commodities through the triangle trade also brought slaves to the Americas and helped America secure it’s economy after it’s break from England. Evidence Analysis ● America can thank the competition among ● Triangle Trade • The exchange of goods • namely European Colonies for making it the slaves, cottons, and textiles • between Europe, Africa, superpower it is today. ● When the original colonies were created they and The Americas were intended to support England and they ● Jamestown • The first permanent British settlement in did for a long time. America • devoted to the production and trade of tobacco ● Through the triangle trade Britain, and ● Salutary Neglect • a period of time before the american eventually other countries, would ship goods from England and slaves from Africa (most of revolution where britain held a blind eye towards the which ended up in the American South) to colonies and what happend there America and in turn American raw resources ● Navigation Act• Acts that enforced the Colonies could would be sent to England. ● worked especially well for England and even offically only export goods to England. America, which was small enough that the ● Molasses Act• British legislation which had taxed all profit was sufficient. molasses, rum, and sugar which the colonies imported ● However as America became bigger the American traders and Merchants realized that from countries other than Britain and her colonies. The there was much more profit to be made British had difficulty enforcing the tax; most colonial trading primarily with the other European countries. merchants did not pay it. ● Until this point England had had a policy of Salutary Neglect, which let Americans trade ● Revenue Act • 1764 • Lord Grenville modified the on a small scale with other countries so as to keep them happy. Molasses Act so that the tax on British Molasses was ● when American trade started shifting away lowered but more enforced. This was to serve as a from England, especially in a time of need as deterrent for Americans buying the cheaper French England had been busy fighting wars, they repealed Salutary Neglect. Molasses ● however Americans had felt a sense of ● Currency Act • 1764 • Parliament was wary of the independence during the Era of Salutary American Currency system, or lack thereof, and Neglect and were only pushed further away by it’s repeal abolished the use of local American Currency in trade. ● it became clear that the Americans would not Made it harder to trade with other countries willingly cease trade with other countries & ● Stamp Act• the “final straw” for many colonists. an act Parliament began passing and reviving acts like the Navigation act and Sugar/Molasses passed by the British Parliment in 1756 that raised Act (and others) that greatly increased the revenue from the American colonies by a duty in the form difficulties and punishments with trading of a stamp required on all newspapers and legal or outside of the UK. ● They also instilled vice admiralty courts commercial documents, infuriated the colonies notorious for punishing trade crimes harshly ● Vice Admiralty Courts • courts set up by england in the (being biased to the British point of view, colonies with pro•english judges who were often unfair unfair to colonists). ● huge impact on the eventual break from and biased in their prosecution of colonists accused of England and declaration of America as an violating various acts/ trade regulations independent state. ● American Revolution • The causes of the American ● These also set the precedent for early American distrust of strong central Revolution can be attributed to many things, one of which government like the one England had. was the increasing individualistic feelings of the American ● With independence American society had to people due in part to the treatment they received from adapt. It still flourished in trade, especially now that it didn’t have England preventing Great Britain regarding trade. much of the potential trade. America now ● Federalists • First political party • advocated for ties with needed a way to produce many of the England (for trade reasons) and a strong central gov• manufactured goods they had received from England. opposed by the Democratic•Republicans. ● the Industrial Revolution had made its way ● Jeffersonian Democrats • Strongly opposed firm central across the Atlantic and many new factories governments • like monarchies • and disliked England began popping up in the North while the South continued to produce the raw while favoring early•revolution France. materials through slave labor. ● Industrial Revolution • The transition from home made ● Over time America became very divided goods to mass produced factory goods during the 18th with the North (and West, which provided food) opposing slavery. and 19th centuries. ● known as the Antebellum, or pre•war, ● Northern/Southern Economy• The Northern Economy Period. focused primarily on the production of goods in factories ● The clear differences between the North and South can, to an extent, be attributed to where people worked for wages. The Southern Economy earlier trade routes/policies in that the South relied heavily on Slave labor to produce raw resources, strongly supported slavery because that namely cotton, that would be used for production in the had been their main workforce since the triangle trade had deposited them there. The North and traded with foreign countries. North was more focused on the ● King Cotton• south’s primary cash crop. climate and production of goods to trade and did not conditions were ideal for cotton growing. After the need or want slaves. creation of the cotton gin by eli whitney the production of cotton was massively increased as well as the demand for slaves .
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